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The Impact of Financial Support on Rural Economy, the Experience from China

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DOI: 10.23977/EDMS2020.004

Author(s)

Yu Min, Yu Junqi, Zhu Zhengqi

Corresponding Author

Yu Min

ABSTRACT

Agriculture is an important industry in China's national economy, which has always been extremely concerned by the whole country, including government and public. However, there is still some limitations in the development of rural economy, but the development of agricultural is limited by the lagging rural financial system, which has been unable to meet the objective requirements of agricultural industrialization development. From this perspective, the path of financial support for the development of the agricultural economy can solve the practical problem of the slow development of the agricultural economy. And from the comprehensive analysis, we have an exhaustive knowledge about the current situation of rural economy and financial. Highly positive correlation has been found between rural economy and financial support. Thus based on the above findings, we have recommended plausible suggestion for the development of financial support in rural economy.

KEYWORDS

rural economy, rural financial system, correlation analysis

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