This article, based on historical data and making use of new institutional economics theories, reflects on RCC reform as of 1996, especially the deepened experimental reform since 2003.

• 本文基于历年统计数据，运用新制度经济学等相关理论，对1996年尤其是2003年深化改革试点以来农村信用社的改革进程进行实证性反思。