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Research on Financial Services Supporting Agricultural Industrialization in Tai'an City

Received: 6 November 2023     Accepted: 22 November 2023     Published: 5 December 2023
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Abstract

As a major agricultural city, Tai'an has long been committed to the development of agricultural industrialization and provided some financial support. However, the support of financial services for agricultural industrialization is not sufficient. Therefore, studying the path of financial services supporting agricultural industrialization in Tai'an City has significant theoretical and practical significance. This article first analyzes the necessity of financial services to support agricultural industrialization, which is reflected in the cultivation of leading enterprises, investment in production factors, infrastructure construction, production base construction, introduction, development and promotion of high-tech, and the high risks of agricultural industrialization that require financial services to support. Then, the current situation and existing problems of financial services supporting the development of agricultural industrialization in Tai'an City were analyzed, including insufficient rural financial support for agriculture, too single financial service products, optimization of financial service methods, inadequate credit guarantee system, poor financial credit environment, insufficient insurance services, and insufficient government financial support for agricultural industrialization. Finally, propose corresponding policy recommendations: Strengthen the support for agriculture in rural cooperative finance. Strengthen the support for agriculture through policy based finance in rural areas. Strengthen the support for agriculture in rural commercial finance. Strengthen the support for agriculture through private finance. Optimize financial service methods. Innovate financial service products. Improve the credit guarantee system. Optimize the financial credit environment. Improve insurance services. To establish a long-term and effective agricultural industry development system, the Tai'an Municipal Government needs to play its own guiding and supporting role.

Published in International Journal of Agricultural Economics (Volume 8, Issue 6)
DOI 10.11648/j.ijae.20230806.17
Page(s) 274-278
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2023. Published by Science Publishing Group

Keywords

Agricultural Industrialization, Financial Services, Rural Revitalization

References
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[3] Huang Zhuwen, Liu Xi. Investigation on Financial Support for the Development of Farmers' Cooperatives: Based on a Survey of 100 Farmers' Cooperatives and 18 Financial Institutions in Chenzhou City [J]. Wuhan Finance, 2018 (7): 71-74.
[4] Liu Juan. The Realistic Dilemma and Policy Path of Financial Services for Agricultural Industrialization in the Western Region [J]. Southwest Finance, 2019 (6): 74-82.
[5] Lv Zhongwei. Historical Experience and Enlightenment of China's Financial Support for Agricultural Industrialization Development [J]. Research World, 2014 (6): 23-28.
[6] Zhao Cheng, Huang Zhihong. On Financial Inhibition and Resolution of Agricultural Industrialization Development: An Analysis from the Perspective of Enterprise Management Risk [J]. Hunan Social Sciences, 2014 (4): 182-184.
[7] Zhu Shiying. Research on Financial Support for Promoting the Development of Modern Agriculture in the Blue Economic Zone [J]. Soft Science Research, 2010 (6): 28-32.
[8] Zhu Yanchun, Li Lei, Gong Yingmei, Li Shuang. Research on the Financial Support System of Agricultural Enterprises in Yunnan Province: From the Perspective of Micro financing [J]. Rural Finance Research, 2017 (10): 72-76.
[9] Guan Jian. Current Situation, Existing Problems, and Policy Suggestions of Financial Support for the Development of Efficient Ecological Agriculture [J]. Hebei Finance, 2023 (09): 30-34.
[10] Song Xiaohan. Research on high-quality development of rural finance supporting green development of agriculture [J]. China Collective Economy, 2023 (23): 105-108.
[11] Huang Huang. Research on the Issues and Countermeasures of Financial Policies Supporting Agricultural Modernization Development under the Background of Rural Revitalization: Taking Shandong Province as an Example [J]. Hebei Agriculture, 2023 (07): 49-51.
[12] Li Yujia. Issues and Countermeasures of Financial Support in the Development of Agricultural Economy in Henan Province [J]. Investment and Entrepreneurship, 2023, 34 (14): 4-6.
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  • APA Style

    Gong, C., Lv, D. (2023). Research on Financial Services Supporting Agricultural Industrialization in Tai'an City. International Journal of Agricultural Economics, 8(6), 274-278. https://doi.org/10.11648/j.ijae.20230806.17

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    ACS Style

    Gong, C.; Lv, D. Research on Financial Services Supporting Agricultural Industrialization in Tai'an City. Int. J. Agric. Econ. 2023, 8(6), 274-278. doi: 10.11648/j.ijae.20230806.17

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    AMA Style

    Gong C, Lv D. Research on Financial Services Supporting Agricultural Industrialization in Tai'an City. Int J Agric Econ. 2023;8(6):274-278. doi: 10.11648/j.ijae.20230806.17

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  • @article{10.11648/j.ijae.20230806.17,
      author = {Chongyi Gong and Dongqin Lv},
      title = {Research on Financial Services Supporting Agricultural Industrialization in Tai'an City},
      journal = {International Journal of Agricultural Economics},
      volume = {8},
      number = {6},
      pages = {274-278},
      doi = {10.11648/j.ijae.20230806.17},
      url = {https://doi.org/10.11648/j.ijae.20230806.17},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijae.20230806.17},
      abstract = {As a major agricultural city, Tai'an has long been committed to the development of agricultural industrialization and provided some financial support. However, the support of financial services for agricultural industrialization is not sufficient. Therefore, studying the path of financial services supporting agricultural industrialization in Tai'an City has significant theoretical and practical significance. This article first analyzes the necessity of financial services to support agricultural industrialization, which is reflected in the cultivation of leading enterprises, investment in production factors, infrastructure construction, production base construction, introduction, development and promotion of high-tech, and the high risks of agricultural industrialization that require financial services to support. Then, the current situation and existing problems of financial services supporting the development of agricultural industrialization in Tai'an City were analyzed, including insufficient rural financial support for agriculture, too single financial service products, optimization of financial service methods, inadequate credit guarantee system, poor financial credit environment, insufficient insurance services, and insufficient government financial support for agricultural industrialization. Finally, propose corresponding policy recommendations: Strengthen the support for agriculture in rural cooperative finance. Strengthen the support for agriculture through policy based finance in rural areas. Strengthen the support for agriculture in rural commercial finance. Strengthen the support for agriculture through private finance. Optimize financial service methods. Innovate financial service products. Improve the credit guarantee system. Optimize the financial credit environment. Improve insurance services. To establish a long-term and effective agricultural industry development system, the Tai'an Municipal Government needs to play its own guiding and supporting role.
    },
     year = {2023}
    }
    

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  • TY  - JOUR
    T1  - Research on Financial Services Supporting Agricultural Industrialization in Tai'an City
    AU  - Chongyi Gong
    AU  - Dongqin Lv
    Y1  - 2023/12/05
    PY  - 2023
    N1  - https://doi.org/10.11648/j.ijae.20230806.17
    DO  - 10.11648/j.ijae.20230806.17
    T2  - International Journal of Agricultural Economics
    JF  - International Journal of Agricultural Economics
    JO  - International Journal of Agricultural Economics
    SP  - 274
    EP  - 278
    PB  - Science Publishing Group
    SN  - 2575-3843
    UR  - https://doi.org/10.11648/j.ijae.20230806.17
    AB  - As a major agricultural city, Tai'an has long been committed to the development of agricultural industrialization and provided some financial support. However, the support of financial services for agricultural industrialization is not sufficient. Therefore, studying the path of financial services supporting agricultural industrialization in Tai'an City has significant theoretical and practical significance. This article first analyzes the necessity of financial services to support agricultural industrialization, which is reflected in the cultivation of leading enterprises, investment in production factors, infrastructure construction, production base construction, introduction, development and promotion of high-tech, and the high risks of agricultural industrialization that require financial services to support. Then, the current situation and existing problems of financial services supporting the development of agricultural industrialization in Tai'an City were analyzed, including insufficient rural financial support for agriculture, too single financial service products, optimization of financial service methods, inadequate credit guarantee system, poor financial credit environment, insufficient insurance services, and insufficient government financial support for agricultural industrialization. Finally, propose corresponding policy recommendations: Strengthen the support for agriculture in rural cooperative finance. Strengthen the support for agriculture through policy based finance in rural areas. Strengthen the support for agriculture in rural commercial finance. Strengthen the support for agriculture through private finance. Optimize financial service methods. Innovate financial service products. Improve the credit guarantee system. Optimize the financial credit environment. Improve insurance services. To establish a long-term and effective agricultural industry development system, the Tai'an Municipal Government needs to play its own guiding and supporting role.
    
    VL  - 8
    IS  - 6
    ER  - 

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Author Information
  • Economic and Management Department, Taishan University, Tai’an, China

  • Economic and Management Department, Taishan University, Tai’an, China

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