Innovative Mechanism of Rural Finance: Risk Assessment Methods and Impact Factors of Agricultural Loans Based on Personal Emotion and Artificial Intelligence

Abstract

Agricultural finance is in an embarrassing position in the current financial environment, especially during the process of COVID-19. Based on a small-scale peasant economy, it can no longer meet the rapidly rising demand of farmers for agricultural finance. Moreover, there has been a serious disconnection between the financial system of secondary and tertiary industries, and the quality of development needs to be improved urgently. The agricultural loan risk assessment has always been the main problem that we pay great attention to in the innovation of agricultural finance. Agricultural loans are an indispensable element in supporting agricultural development and promoting rural revitalization strategy. However, financial institutions have certain credit risks in reviewing and issuing agricultural loans. This article studies the speech emotion recognition of farmers in loan review to assess loan risk. As for emotional confusion caused by speech segmentation, a special method of data connection between Convolutional Neural Networks (CNNs) and Bidirectional Long Short-Term Memory (Bi-LSTM) Networks is designed, and a variable-length speech emotion recognition model including CNN and Bi-LSTM is designed. Experimental results show that the proposed algorithm can effectively improve the risk assessment of farmers in loan review.

Has China’s Pilot Policy of Farmland Management Right Mortgage Loan Promoted County Agricultural Economic Growth?

“…In summary, in the new era and new journey to promote the high-quality development of county agricultural economy, we need to base on "agriculture, rural areas, and farmers" and grasp the three key issues of "people, land, and money". From the perspective of "land", we need to deepen the reform of rural land systems and revitalize the idle land in rural areas; from the perspective of "money", it is necessary to accelerate the innovation of rural finance and alleviate the problem of "difficult to lend" for farmers [6,7]. In order to solve the problems of "land" and "money" at the same time and achieve an organic connection between the two, farmland finance has emerged, which has had a positive impact on activating the attributes of farmland assets and breaking the bottleneck of agricultural financing [8], further attracting human capital to gather in rural areas to help solve the problem of "people".…”

“…(5) County education endowment conditions (edu): as the most important source of human capital, basic education is of great significance to the "intellectualization" construction of agricultural industry and the high-quality development of agricultural economy. (6) County informatization level (inf): At present, China vigorously promotes the development of agricultural informatization, that is, to drive agricultural modernization with informatization guidance and to promote the infiltration and integration of modern information technology into various fields of agriculture and rural areas. Therefore, the level of county informatization will have a certain impact on agricultural economic growth.…”

“…With lnGDP1 as the explained variable, the estimation results are shown in Table 4. In columns (2), ( 4), (6), and (8), the cultivation of new agricultural management entities, largescale operation of farmland, agricultural financial supply, and county resource mismatch are included in the estimation equation of county agricultural economic development. It can be seen that the estimation coefficients of the first three on CAEG are significantly positive, and the estimation coefficients of resource mismatch on CAEG are significantly negative.…”

Research on creating a new pattern of rural inclusive finance development --Take Beijing as an example

“…The report of the 20th National Congress of the CPC proposed to comprehensively promote rural revitalization, adhere to the priority of agricultural and rural development, adhere to the integration of urban and rural development, and smooth the flow of urban and rural factors. 4 This requires financial institutions to take the initiative to act, innovate product content, optimize service models, firmly implement the historical mission of upward progress, and comprehensively help rural revitalization with concrete actions. In recent years, Beijing has continuously accelerated the construction of the rural inclusive financial service guarantee system, released the efficiency of financial services, fulfilled social responsibilities, and effectively enhanced the innovation ability of financial services for rural revitalization.…”