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Financial Supervision Administration: Encourage banks to explore the valid mode of credit services for important agricultural supply chain corporate credit services

Beijing Commercial Daily (Reporter Song Yitong) On March 28, the State Administration of Finance and Administration issued the “Notice on Doing a good job in 2024” (hereinafter referred to as the “Notice”) pointed out that it has strongly and effectively support the comprehensive revitalization of the countryside.We will strongly support the food security strategy and increase credit investment. Agricultural issuance and development banks should increase support for key core technologies in the seed industry and support for high -standard farmland construction.

Encourage commercial banks to explore the valid model of credit services for enterprise credit services for important agricultural products such as grain cotton and oil.Banking financial institutions should actively help build a modern rural industrial system, support the development of local advantageous and characteristic industries, support the shortcomings of rural infrastructure and public services, and support the restoration of production and post -disaster reconstruction in the affected areas.

Increase the issuance of new agricultural business entities and farmers’ credit loans, strengthen support for collective economic organizations in rural grassroots, reasonably improve the level of county deposits and loans, and provide comprehensive financial services for counties.Support the learning and use of “10 million projects” experience in regulatory bureaus and banking financial institutions to promote comprehensive rural revitalization.