Author(s)

Xiaoxiao Guo ¹

Affiliation(s)

¹ College of Commercial, Wuxi Taihu University, Wuxi Jiangsu, 214064, China

Corresponding Author

Xiaoxiao Guo

ABSTRACT

The proposal of the rural revitalization strategy is of great significance to the reconstruction of rural economic growth, among which the rural industry, represented by the integration and development of rural industries, has sprung up. Based on the perspective of financial support, this paper analyzes the current situation of financial support for the development of rural industrial integration, and points out the major challenges faced by rural areas at present: the periodic oversupply and insufficient effective supply of agricultural products still coexist, the depth of rural industrial integration is not enough, and the quality and efficiency of agricultural supply and comprehensive competitiveness need to be improved urgently. In the process of industrial integration, there are problems such as lack of supporting financial policy support, insufficient innovation of financial products, small scale of direct financing, and imperfect credit system evaluation. It is suggested to improve the financial system, innovate products and services, and improve the financial support model.

KEYWORDS

Financial Support, Rural Areas, Industrial Integration

CITE THIS PAPER

Xiaoxiao Guo, Research on the Problems and Countermeasures of Financial Support in the Development of Rural Industrial Integration. Financial Engineering and Risk Management (2023) Vol. 6: 61-66. DOI: http://dx.doi.org/10.23977/ferm.2023.060207.

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