The difference between new rural financial institutions and traditional.

China's "Three Rural Issues" is a fundamental problem that restricts China's overall economic and social development, both in economic terms and in terms of social issues. The main way to solve the three rural problems is to solve the economic problems. Judging from the current economic situation in China's rural areas, the problem is mainly one of insufficient capital, particularly due to poor financing mechanisms. In order to solve these problems, China has been carrying out the reform of the rural financial system. After reforms since the late 1970s, China has gradually formed a system of rural financial organizations based on rural credit unions, with the Agricultural Bank of China and the Agricultural Development Bank of China as important components, and other commercial banks and other financial institutions working in a division of labour. Although the effectiveness of the reform is remarkable, but at the same time there are many problems in rural finance, mainly:Rural financial development is relatively lagging behind ...