An Empirical Study of the Allocation Efficiency of Rural Financial Resources in Hubei Province from the Perspective of Agricultural Loans

The incompatibility of China's economy and finance has to some extent inhibited the development of rural economy. Taking Hubei Province for example, we measure the allocation efficiency of rural financial resources from the perspective of agricultural input and output, and use the modern rural financial development theory to set forth some policy recommendations on how to build a new rural financial resource allocation system. Studies have shown that the allocation efficiency of rural financial resources is low in China, and improving the allocation efficiency of rural financial resources is the key to perfecting rural financial environment while increasing financial support for agriculture.