Wen Aihua, deputy to the National People’s Congress and Secretary of the Party committee and President of China Construction Bank Corporation(601939) Hunan Branch of China, said recently that rural financial services have made great progress in recent years with the vigorous promotion of the state and regulatory authorities, but deep empowerment still has a long way to go. It is suggested to strengthen the requirements of Rural Revitalization of financial services and promote the in-depth empowerment of rural finance.
Wen Aihua said that finance is the blood of the economy, and promoting rural financial empowerment is the only way to ensure the completion of the overall goal and phased tasks of Rural Revitalization. He introduced that in recent years, with the sinking of the service focus of China Construction Bank and other large state-owned banks in rural areas, the service of “helping farmers” has fully covered rural areas, the complete ecology of rural finance has been basically formed, and the rural service system has been gradually improved. However, there are still deep-seated problems in deep empowerment, such as the need to further improve the financial service system, further optimize policies and measures, financial infrastructure and ecological environment, and lack of basic support.
In view of the above problems, Wen Aihua suggested promoting the in-depth empowerment of rural finance from six aspects.
First, further improve the rural financial service system. Optimize the top-level design of rural finance, and coordinate the organization, market, product, supervision and other systems. He said: “according to different types of agricultural related financial institutions, establish different supervision modes, increase policy preference, encourage more financial institutions to set foot in rural areas, and form a financial service system with complementary advantages of large banks, small banks, national banks and regional banks, Wuxi Online Offline Communication Information Technology Co.Ltd(300959) service integration, multi-mode, multi-form and multi-dimensional.”
The second is to provide appropriate policies and guidelines for rural financial empowerment. For example, provide differentiated policies for rural cash withdrawal, transfer, credit, insurance and guarantee; Establish a fault-tolerant and error correction mechanism for rural credit business, and appropriately relax the setting of non-performing rate assessment indicators; Allow clear ownership of rural contracted land management rights, agricultural facilities, agricultural machinery and other mortgage loans according to law, and create a policy environment for rural financial empowerment.
Third, further optimize the ecological environment of rural finance and unblock the blocking points of rural financial empowerment. He believes that in view of the bottlenecks such as incomplete rural information, weak credit awareness, lack of data and non-standard basic management, we should promote the construction of rural credit system, promote the digital and scientific application of rural finance, bring rural finance into the scope of rural basic public services, and strengthen the popularization and publicity of financial knowledge.
Fourth, promote the key areas of rural financial empowerment and Rural Revitalization. He further pointed out that on the one hand, focusing on enabling rural development, especially industrial development, and industrial prosperity is the premise to solve all the problems of “agriculture, rural areas and farmers”. On the other hand, empowering rural infrastructure construction. Infrastructure construction is the key to rural revitalization. Financial institutions should increase the investment of credit resources, give preferential interest rates, explore medium and long-term credit models, and fully empower them by means of syndicated loans and issuing bonds.
Fifth, promote the major reform of rural financial empowerment. We should not only enable rural land reform, but also enable the reform of rural collective economic system. “The key is to revitalize rural collective economic organizations, which is an important prerequisite for Rural Revitalization.” He told reporters, “innovate the operation mechanism of rural collective economic organizations, innovate and formulate exclusive products, focus on promoting the village community account sharing of village collective organizations, make the village collective organizations and their members more convenient and flexible access to financial services and financial resources, and gradually realize common prosperity.”
Sixth, promote the strategic integration of rural finance, green finance and consumer finance. He suggested that according to the five “major new theoretical and practical issues”, make overall planning and systematic promotion, promote the strategic integration of rural finance, green finance and consumer finance, realize common prosperity, improve demand, supply and expectation, and play more financial functions and roles in coping with the “triple pressure” of economic downturn, Help build a new development pattern and high-quality development.
