Research on the interactive development of rural finance and economy in Ningxia
|School||Central University for Nationalities|
|Keywords||rural finance rural economic interaction practiceanalysis|
The relationship between financial and economic is always the focus of the foreign and domestic scholars. The financial system which is compatible with the level of the economic development can promote the economic growth, while economic growth can in turn promote the further growth of financial system, so that both of them can have the effect of acceleration. It is the same on the contrary.The rural economy is an important part of China’s economy, agriculture is the basic industry which has great influence on everybody’s life, and whether the farmers’living standards can rise is the real block that hinders our way to well-off society. To build the rural financial system that compatible with economic growth have great importance to solve the problem of rural. Since the reform and opening-up, there had a fast development of the rural financial, which promotes the economic growth to a certain extent. However, due to the particularity of the rural problems and the national colors of the rural financial development, the rural financial system does not truly meet the needs of rural economic development, but to some extent, becomes the murder of the loss of the rural’s blood. Therefore, building a sound and suitable financial system for rural economic development is the solution to promote rural economic growth, and then achieving the positive interaction between economic and financial.Ningxia is one of the successful provinces of the financial reformation. This article firstly makes a summary of the theories about the rural finance and the rural economic and the interaction between them; secondly conducts an empirical analysis of interaction between rural economic development and economic growth in Ningxia, following which makes a analysis of the concrete interaction practices in Ningxia; and finally makes some comment about the further promotion method in Ningxia. Because most of similar articles are based on the empirical analysis and problem resolution, and have little discussion on the interaction practices, thus there have great significance to have a research on Ningxia which lead the rural financial reformation.