Abstract:
The rural vitalization strategy is a systematic project that runs through securing a decisive victory in building a moderately prosperous society in all respects and making China a great modern socialist country in every dimension. The relevant laws to improve the rural finance are conducive to better meet the needs of rural revitalization and diversified financial needs. To improve policy-oriented financial sector legislation,the supply-side structural reform should be the main line. The functions of rural policy-oriented financial institutions should be clearly defined. The integration of policy-based finance and fiscal funds for agriculture should go a step further. That will help the financial system to serve the real economy better. Commercial financial legislation shall be designed to serve Agriculture,Rural Area and Farmers. The social responsibility of rural commercial financial institutions shall be put in to law. Legislation should provide guidance for rural land trading and the securitization of rural assets. The improvement of cooperative financial legislation should be based on the concept of inclusive finance. It is important to mobilize non-governmental financial resources and develop rural cooperative financial organizations. Unified regulation and supervision should be put in place to prevent and control financial risks in the rural area. The legal improvement of the rural finance should focus on integration and coordination,to promote the coordination and stability of the legislative orientation,which will provide the legal guarantee for the financial support for agriculture and rural revitalization strategy.