Abstract:

A new perspective of “Three Rural Issues” finance that overall research framework is proposed which includes agriculture, rural areas and farmers. In this paper,“Three Rural Issues” finance is a general name of agricultural finance, rural finance, peasant household finance, and servicing for the enterprises and individual farmers of agriculture and rural financial activities. It includes three attributes of agriculture, rural areas and finance with the characteristics of positioning in agriculture, foundation in rural areas and finance core. Although China's rural areas have initially formed a "wide coverage, multi-level and diversification" financial service system, there are still some problems, such as insufficient construction of rural credit system, imperfect rural credit mortgage mechanism, relatively high non-performing loan rate and high comprehensive cost of agricultural production activities. In view of the current situation and existing problems, this paper puts forward a new framework and path to enable blockchain with the development of Three Rural Issues finance. The new financial development framework of “Three Rural Issues” finance mainly includes: a new credit system framework, a new production relationship coordination system framework, and a new optimization allocation system framework of production factors. The new financial development path for “Three Rural Issues” finance focuses on the following five aspects: blockchain + Three Rural Issues credit, blockchain + Three Rural Issues credit loans, blockchain + targeted poverty alleviation, blockchain + rural tourism finance, and blockchain + Three Rural Issues supply chain finance.

Key words: blockchain, Three Rural Finance, rural revitalization, Three Rural Issues, inclusive finance, agricultural blockchain