ABC Tibet Branch: focus on Rural Revitalization and help the development of Plateau Characteristic Industries

Recently, China Agricultural Bank Of China Limited(601288) Tibet Branch issued the opinions on comprehensively doing a good job in Rural Revitalization financial services in 2022 and accelerating the development of “agriculture, rural areas and farmers” and county business in the form of “Document No. 1” (hereinafter referred to as the opinions).

The opinions put forward the overall working idea of fully supporting the development of enriching people’s industries in the county and advantageous and characteristic industries on the sectorau in Tibet, actively performing the political responsibility of financial border defense, accelerating the digital transformation of “agriculture, rural areas and farmers” and county business, focusing on improving the ability and level of Rural Revitalization financial services, and building a leading bank in the county and the preferred bank for the people in the county.

The characteristic industries on the sectorau shall ensure excellence and quantity. The opinion points out that it is necessary to deeply tap the market potential, aim at advantageous industries such as highland barley and yak, carry out all-round docking cooperation, and support the special action of “Prospering ten thousand villages by ten thousand enterprises”. The opinions focuses on Comprehensively Strengthening the supply of financial services in the field of rural revitalization, aims to promote high-quality and efficient agriculture, rural livability and industry, and farmers’ prosperity, strengthen rural characteristic industries, food security, tourism and other financial services, fully support sectorau ecological agriculture and animal husbandry, help green development of Agriculture and animal husbandry, and promote rural construction and upgrading projects, Promote the overall revitalization of rural areas.

The digital transformation of county business has accelerated significantly. The smart village has been promoted to the whole village of the Tibet Autonomous Region, and the “palm Bank village” has been continuously promoted to improve quality and efficiency. Give full play to the empowerment of financial technology and accelerate the construction of smart villages. Focus on smart finance and Internet finance, and actively explore the construction, application and promotion of characteristic scenes and high-frequency scenes of financial services in the field of “agriculture, rural areas and farmers”.

The opinions clearly defined the strategic goal of rural revitalization through financial services in 2022, continued to consolidate and expand the achievements in poverty alleviation, maintained the basic stability of credit assistance policies and growth rate in poverty alleviation counties, and ensured further consolidation on the basis of the achievements in 2021. (end)

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