Study on Rural Financial Services for Vitalization of Guangdong Rural Areas

TLDR: In this article, the authors systematically evaluated the rural financial environment in Guangdong and compared spatial and temporal verticals of rural finance in the Province of Guiandong in China.

Abstract: The strategy of rural revitalization releases strong rural financial demand and presents a diversified development pattern. However, at present, the imbalance between the supply and demand of rural financial funds is prominent. Therefore, it is necessary to fully broaden the supply channels of rural finance and solve the supply of financial services for rural revitalization. Rural credit cooperative organizations with cooperative financial nature in Guangdong Province have developed rapidly, playing an active role in filling the gaps in formal financial services, alleviating the difficulty of farmers' loans, and promoting agricultural production and credit cooperation development. From the aspects of rural economic situation, rural financial development power, institutional environment, and inclusive financial development, the paper systematically evaluates the rural financial environment in Guangdong and compares spatial and temporal verticals of rural finance in Guangdong. In the future, it is necessary to construct a rural financial differentiation supervision system from the aspects of regulatory objectives, regulatory subjects and targets, regulatory basis, rules, etc., and to provide protection for rural financial differentiation regulatory policies in terms of policies, talents, and funds.