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 Release date: 2024-08-06   |   Number of visits: 200    |  Source:  
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China Securities Regulatory Commission, Ministry of Finance, Ministry of Agriculture and Rural Affairs

Notice on launching a special action to learn and apply the experience of the “Ten Million Project” to strengthen financial support for comprehensive rural revitalization

Silver Hair [2024] No. 136

In order to thoroughly implement the 20th National Congress of the Communist Party of China and the Second Central Committee of the 20th Central Committee、The Third Plenary Session of the CPC Central Committee、Central Economic Work Conference、Central Financial Work Conference、Spirit of the Central Rural Work Conference,Conscientiously implement the "Central Committee of the Communist Party of China and the State Council's Notice on Learning and Applying the "Thousand Village Demonstration"、Opinions on the experience of the "Ten Thousand Villages Renovation" project to effectively and effectively promote the comprehensive revitalization of rural areas" deployment,Anchor the goal of building an agricultural power,Insist on the centralized and unified leadership of the Party Central Committee over financial work,Learn and apply the development concept contained in “Ten Million Projects”、Working methods and promotion mechanism,Close to the key areas and weak links of comprehensive rural revitalization,Strengthen the protection of financial factors,Play a greater role in accelerating agricultural and rural modernization and better promoting Chinese-style modernization,People's Bank of China、State Financial Supervision Administration、China Securities Regulatory Commission、Ministry of Finance、The Ministry of Agriculture and Rural Affairs decided to jointly launch a special action to learn and apply the experience of the “Ten Million Project” to strengthen financial support for comprehensive rural revitalization。The specific requirements are as follows:

  1. Implement special actions to ensure food security through finance

(1) Strengthen financial support to stabilize the production and supply of grain and important agricultural products。Expand food production、Circulation、Purchase and Storage、Processing and other whole industry chain financial service scenarios,Meet the diversified financial needs of agricultural production entities and agricultural input enterprises,Promote grain production capacity,Help build a diversified food supply system。Aimed at pigs、Milk、Emergency supply guarantee for beef and mutton production and “vegetable basket” products、Construction of green agricultural product production, processing and supply base,Expand the scope of loan collateral,Expand the scale of credit granting。Focus on key enterprise groups in the import and export business of grain, cotton, oil, sugar and gum,Optimize international settlement、Trade finance and other financial services,Improve the convenience of cross-border investment and financing,Support agricultural foreign cooperation through multiple channels。

(2) Increase financial support for the construction of high-standard farmland and facility agriculture。Innovation in financing model around high-standard farmland and facility agriculture construction,Complying with laws and regulations、Under the premise that risks are controllable,Appropriately extend the loan period。Actively participate in the pilot program of loan interest subsidies and awards and subsidies in agriculture-related fields such as high-standard farmland and facility agriculture construction。Innovative Yinken cooperation scenarios and models,Support agricultural reclamation milk source base、Urban facility agriculture and other facility agriculture construction。Scientific dafabet live casinoscreening and risk assessment of financing projects for comprehensive utilization of saline-alkali land,Clear qualified loan undertaking and implementation entities,Actively meet financial needs。

(3) Deepening the revitalization of the seed industry and agricultural science and technology financial services。Establish and improve the seed industry base、Seed industry enterprise list sharing and financing monitoring mechanism。Actively connect with modern seed industry improvement projects、National Southern Prosperity Silicon Valley and other major construction plans and key core technology research on provenance、Major agricultural biological breeding project、Major tasks such as joint breeding research。Innovative new plant variety rights、Guarantee methods for seed breeding, livestock and poultry, etc.,Launch a batch of targeted products、Credit products that benefit a wide range of people。Support qualified seed industry companies to go public、Listing financing and refinancing,Carry out investment, mergers and acquisitions, mergers and reorganization,Help improve independent innovation capabilities。Focus on agricultural machinery and equipment production、Purchase and use requirements,Revitalize the "large and small" agricultural machinery assets,via loan、Lease and other methods support modern agricultural production。

  II. Implement special actions to consolidate and expand the effectiveness of financial assistance

(4) Increase financial support for key areas such as the national rural revitalization counties and for people who have been lifted out of poverty。Continue to implement differentiated financial support policies for key counties,Maintain credit extension to poverty-stricken areas。Provide high-quality and efficient financial services to people in relocation areas for poverty alleviation,Actively meet the needs of production and life。Optimizing measures for financial cooperation with farmers,Guide rural enterprises、Support workshops to attract more jobs,Promote the continuous increase in income of low-income people。Properly monitor the quality of micro-credit for people lifted out of poverty and manage loan renewals。Study and plan the normalized financial assistance mechanism after the transition period。

(5) Do a solid job in targeted assistance。Financial institutions that undertake the task of targeted assistance must firmly shoulder the political responsibility of targeted assistance,Based on supporting the advantages, characteristics and shortcomings of the area,Carry out consumption assistance in various forms、Industrial assistance、Talent assistance, etc.,Optimize the management of assistance funds,Do a good job of tracking the effectiveness of implementation,Promote pairing relationships to become closer。Strengthen the connection with assistance area planning,Channel the financial system、Funds、Information advantages and scientific research of social service organizations、Technology、Combining talent advantages,Exploring and promoting “group-based” assistance。Encourage the full integration of one's own development strategies with targeted assistance work,Build the “responsibility field” for targeted assistance into a “demonstration field” for financial support for rural revitalization。

  3. Implement special actions for financial services to develop rural industries

(6) Promote the integrated development of primary, secondary and tertiary industries in rural areas。Comprehensive use of credit、Bond、Equity、Leasing and other financing channels,Promoting the construction of modern rural industrial system。Create a characteristic financing model based on local conditions,Support local development of specialty industries and agricultural product processing industries,Create a brand with local characteristics。Actively develop insurance for agricultural products with local characteristics,Encourage qualified places to expand insurance service coverage according to local conditions。Continuously optimize the “insurance + futures” business model,dafabet online betting websiteBetter meet agricultural risk management needs。Enrich ecological tourism、Forest health care、Leisure camping and other new business financial service scenarios,Create a matching credit product system。

(7) Help revitalize rural asset resources。Support qualified localities to promote rural property rights mortgage and pledge loan business such as rural contracted land management rights。Make good use of the unified registration and publicity system for movable property financing,Expand living organisms、Scope of collateral such as breeding facilities,Meet the diversified financing needs of new agricultural business entities。Implement the plan to deepen the reform of the collective forest rights system,Improving the forestry financial service system,Support financial institutions to increase forest rights mortgage loans and medium and long-term loans to forestry management entities,Participate in the reserve, development and utilization of forestry carbon sink projects。

(8) Promoting high-quality development of rural circulation。In the “leading county” in county business, we actively connect with the “county logistics and distribution center”、Financing needs for new and reconstruction projects such as “township business centers”,Support key counties (key cities) for backbone cold chain logistics、Construction of projects such as cold chain distribution centers in production areas and public cold chain logistics facilities in county production areas。Exploring express delivery stations in rural areas、The role of data elements in circulation nodes such as e-commerce service points,Boost supply chain capital flow、Business flow、Deep integration of logistics,Innovative credit evaluation system,Improve credit service efficiency。

(9) Support farmers to increase their income and become rich。Intensify the implementation of entrepreneurial guaranteed loan policies,Actively promote online approval,Support financial institutions to promote special loans to stabilize employment and expand employment。Encouraged under the premise that the risks are controllable,Promote active credit such as “whole village credit”、Batch credit business model,Increase credit support for high-quality farmers,Expand small credit loans for farmers,Better satisfy farmers’ shortcomings、小、frequency、Urgent” funding needs。Provide services for farmers to invest in high credit rating bonds in the inter-bank bond market through the counter of financial institutions,Improving the convenience of bond purchasing in rural areas。

  IV. Implementing special actions to support rural construction through finance

(10) Increase financial support for rural residential environment improvement and ecological civilization construction。Proactively connect with local rural residential environment improvement actions,Respond to credit needs promptly。Focus on rural toilet feces and domestic sewage waste management、Key areas such as improving village appearance,Developing living environment loan products,Support localities to bundle qualified projects and hand them over to qualified entities for implementation,Provide comprehensive financing support on the premise of self-balanced income and sustainable operation。Enrich green credit product system,Support comprehensive desertification prevention and control,Promote the construction of key ecological projects such as the "Three Norths"。

(11) Strengthen rural infrastructure construction and financial guarantee for public service facilities。Encourage financial institutions to proactively provide financing solutions during the project planning period,Innovating ways of cooperation between government, banks, enterprises and villagers,Better support for rural water supply engineering system、Consolidation and improvement of rural power grid、Country road、Gas to the countryside、Rural delivery logistics system、Smart Village、Country B&B、Construction of major projects such as rural elderly care。Increase distributed new energy sources in rural areas、Financial support for dafabet online sports betting appthe construction of new energy vehicle charging and swapping facilities and other projects in key villages and towns。Encourage pilot projects of financial support for rural construction on a county basis,Exploring rural infrastructure credit models and financial products。

(12) Support the integrated development of urban and rural areas in counties。Guide qualified entities to issue corporate credit bonds, asset-backed securities and other instruments,Wide municipal utility extension、Sources of funds for new urbanization fields such as the integrated development of urban and rural road passenger transport。Explore financial support methods for collective commercial construction land to enter the market,Serving the integrated development of urban and rural areas in counties。Combined with the new round of urbanization of agricultural transfer population,Increase the construction of affordable housing、Financial guarantee for urban village transformation,Actively meet the needs of employment for rural migrant population、Housing、Entrepreneurship、Education、Medical、Financial needs such as pension。

  5. Implement special actions to empower rural governance through finance

(13) Finance empowers rural civilization and good governance。Continuous innovation of financial support for the integration model of agriculture, culture and tourism,Develop intellectual property rights in cultural tourism、Scenic spot income rights and other mortgage and pledge financing,Revitalize agricultural cultural heritage、Rural intangible cultural heritage and other cultural resources,Support Village Run、Village Chao、Village evening and other characteristic rural cultural and sports activities。Integrate financial services with the promotion and cultivation of good family traditions and rural customs,Explore the transformation of villagers’ “intangible” credit assets into “tangible” credit funds。

(14) Support digital rural construction。Establish and improve a digital integrated platform in the field of rural revitalization,Realizing major agricultural and rural projects、Agricultural production and management、Integration of rural social management and other agricultural-related information,Integrated payment service、Rural credit system construction and other functions,Create a comprehensive financial application scenario of “doing one thing at once”。Encourage financial institutions to serve county and township (town) governments、Village committees and various agriculture-related entities,Provide digital management tools,Empowering rural governance。

(15) Strengthening basic financial services in rural areas。Guide financial institutions to optimize the construction of inclusive financial service points,Actively carry out efforts to improve farmers’ financial literacy、Anti-counterfeit RMB publicity and other activities。Continue to expand digital payment scenarios,Promote mobile payment to counties and rural areas。Standardize the development of agricultural withdrawal service points,Improve rural payment service level。Improve agricultural credit through-train service,Strengthen collaboration on financial credit information basic database and other platforms,Deepen the sharing and application of agricultural business entity information in the financial field,Helping financial institutions improve customer identification、Risk prevention and product innovation capabilities。

  6. Policy guarantee and organizational promotion

(16) Strengthening support for monetary policy tools。Make full use of refinancing to support agriculture and small businesses、Rediscount、The stimulating effect of monetary policy tools such as technological innovation and technological transformation re-lending,Guide financial institutions whose credit business is mainly in counties to actively support rural revitalization。Encourage financial institutions to issue "agriculture, rural areas and farmers"、小微、Green and other financial bonds,Support eligible agricultural-related enterprises from issuing asset-backed securities、Rural Revitalization Bill、Rural revitalization dafabet online sports betting appcompany bonds and other financing instruments,Continue to increase investment in key areas of rural revitalization。

(17) Strengthening industry、Finance、Financial policy coordination。Optimize financing project library docking service,Smooth government, bank and enterprise financing docking service chain of "list push-accurate docking-real-time feedback-monitoring and supervision",Promote the accurate implementation of credit policies。Take multiple measures to stimulate the enthusiasm and initiative of financial institutions to serve the comprehensive revitalization of rural areas。Promote government financing guarantee institutions to focus on small and micro enterprises and "agriculture, rural areas and farmers",Effectively play the role of credit enhancement and risk sharing in financing。

(18) Optimizing financial service mechanism。Large and medium-sized banks must improve the professional working mechanism for "agriculture, rural areas and farmers" financial services,Use your own financial advantages、Technological advantages,Complying with laws and regulations、Under the premise that risks are controllable,Decentralize product innovation authority appropriately,Launching more financial products to serve county areas,Under credit approval、Internal funds transfer pricing、Tilt towards county branches in terms of staffing and other aspects。Rural small and medium-sized banking institutions must further highlight their positioning of supporting agriculture and small businesses,Make full use of the advantages of popularity and geographical location,Better meet the production and operation of various agricultural-related entities、Farmers’ consumption and other financial needs。Promote the reform of rural credit cooperatives by province and classification,Improve the standardization level and sustainable development capabilities of rural financial institutions。Deepen the implementation of financial technology empowering rural revitalization demonstration project,Promote agricultural-related financial products、Service channels、Digital upgrade of business processes。

(19) Do a good job in publicity, promotion, monitoring and evaluation。Timely summary of innovative financial services for rural revitalization、Typical experience,Make full use of various media platforms to strengthen publicity and promotion,Create a strong atmosphere for financial support for comprehensive rural revitalization。Clear the business scope of comprehensive rural revitalization loans,Support the establishment and improvement of a comprehensive rural revitalization loan monitoring system,Comprehensive reflection of the effectiveness of financial support。Do a good job of statistical analysis after the adjustment of the agricultural-related loan statistical system,Carry out food and agricultural product loans、Statistics on key areas such as seed industry revitalization loans。Optimizing the assessment and evaluation of rural revitalization financial services,Strengthen the sharing and application of evaluation results。

Source: People’s Bank of China