Abstract:The recently-issued The Experimental Plan for Deepening the Reform of Rural Co-op aims at solving the fundamental problems,permits a variety of equity forms and organization forms.It proposes novel reform mothods and points out that local goverrment should be in charge of the reform. However,there are still some shortcomings in the plan,which indude indefinite goal orientation,difficulty in raising local funds ,the difficulty in settling the conflict of duties,the new problem in adjusting structure,the roles of central banks still as "fire fighters",the difficulty in avoiding administrative intervention and so on.