Local credit cooperatives financial system and its role in economic development of China

Abel Rohr, Jung Chinji, Funkom

Abstract

This paper reviews and study of RCCs financial system and its role in economic development of China. RRCs are important reforms of china. It improves the performance consistently every year and constituted about 12.3 % all financial loans in China. Rural Credit Cooperatives Development in China constituted an integral and important part of rural reforms in China.