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In recent years, Nantong city has made great efforts to solve the problems of imbalance in the allocation of financial resources in urban and rural areas, and it has made great progress. It gives full play to the finance in promoting rural economic development with strengthening the guidance and support. However, some financial institutions are not strong enough to support agriculture, and the structure of financial support to agriculture needs to be optimized. The financial risk diversification and transfer function needs to be improved, and the financial environment and the construction of financial system need to be strengthened. In view of the above problems, it is suggested to construct a multi-level rural financial institution system with coordination and distribution of responsibilities, functional complement and efficient operation. It should closely integrate with the actual development of rural economy in Nantong; identify key areas and key links of financial support to agriculture. It also should make the innovation of rural financial products and improve the financial services. And it can strengthen the construction of agricultural insurance service system to speed up the formation of policy-based and commercial insurance institutions. It can build the agricultural insurance system with the significant security function. In order to better play the role of financial support on agriculture, it should strengthen the guidance and create a good environment for the rural financial system and credit. Keywords—financial support; Nantong city; rural economy

Research on Financial Support to Rural Economy in Nantong City