Abstract: The local government intervention credit capital allocation can help poor rural to anti-poverty? Be present in poverty alleviation and development work need to clarify the problem. By building a dynamic panel model, using the system GMM to 30 provinces from 1988 to 2011 in our country local government intervention, the relationship between rural credit capital allocation and anti-poverty is analyzed. Conclude that China's local government intervention and poor slow inverted U type nonlinear relationship, the moderate local government intervention will help the poor to slow, and excessive local government intervention can form local government intervention trap, inhibit the anti-poverty effect; At the present stage in our country rural credit funds to help solve the financing difficulties, poor implementation poverty to slow, but our country rural credit allocative efficiency at a lower level, no significant effect on poverty slow; Compared with the local government intervention in the poorer areas, local government intervention degree of strong regional scale and efficiency of rural credit capital allocation for poor slow effect is more significant.

Key words: local government intervention, rural credit funds, rural credit allocation efficiency, anti-poverty