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The buffer zone of China's rural economy-blockchain technology

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DOI: 10.23977/ieesasm.2019.008

Author(s)

Qi Cao, Jiayi Tai

Corresponding Author

Qi Cao

ABSTRACT

China's rural areas are China's natural economic buffer zone. Prosperous cities are more vulnerable than poor rural areas. Agricultural stability is the foundation and reliable guarantee of China's stability. Faced with the sudden increase in the number of unemployed people caused by the global financial crisis in 2008, China effectively used the rural employment capacity of urban unemployed people with rural household registration to return to the countryside, alleviating domestic employment pressures, protecting people's necessary income sources, and inheriting It is China's unique farming civilization, which enhances people's sense of identity and belonging to traditional culture, and is conducive to social harmony and stability. However, with the development of modern science and technology and social progress, the willingness of rural unemployed urban unemployed people to return to the countryside has gradually decreased, and the ability to master farming technology has slowly lost. The role of the economic buffer zone has weakened. This paper analyzes the existing financial situation in rural areas, points out the problems at the current stage, and proposes corresponding countermeasures for reshaping China's financial buffer zone.

KEYWORDS

China's rural areas, reshaping the economic buffer zone

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