On March 30, the website of the central bank published the opinions on doing a good job in the key work of financial support and comprehensively promoting rural revitalization in 2022 (hereinafter referred to as the opinions).
The opinions include doing a good job in grain production and important Shenzhen Agricultural Products Group Co.Ltd(000061) supply of financial services, increasing investment in financial resources for the basic support of modern agriculture, strengthening financial support for the sustainable development of rural industries, steadily improving the level of financial services for rural construction, continuously promoting financial support, consolidating and expanding the achievements of poverty alleviation, improving the ability of financial institutions to serve rural revitalization 23 specific measures were put forward in eight aspects: continuously improving rural basic financial services, strengthening assessment and organization and publicity.
“To support the real economy, especially rural revitalization, finance is to put the rice bowl of 1.4 billion Chinese people in their own hands.” Zhi Peiyuan, an expert of whale platform think tank and deputy director of the Three Rural Committee of the Tianjin Municipal Committee of the Revolutionary Committee of the Chinese Kuomintang, said in an interview with the reporter of the China times.
China’s Cultural Management Association, Deputy Secretary General of the Rural Revitalization and Construction Committee, told Yuan Shuai, “the nineteen Party of the party proposed the implementation of the strategy of Rural Revitalization. This year’s No. 1 central document pays particular attention to rural financial work.” the “opinion” published this time. It is a further measure document to implement and respond to the “Strengthening Rural Revitalization financial services” in Document No. 1 of this year. It also further points out the direction for the financial system to support the Comprehensive Rural Revitalization during the 14th Five Year Plan period on the basis of Document No. 1. “
increase financial support for important Shenzhen Agricultural Products Group Co.Ltd(000061) supply of soybeans and oilseeds
Grain is an important strategic commodity related to the national economy and the people’s livelihood and an important part of the national economy. Food security is one of China’s three security strategies to strengthen national economic security, and the primary task of implementing the Rural Revitalization Strategy is to ensure food security.
“The CPC Central Committee and the State Council attach great importance to food production and food security. Agriculture is an industry that stabilizes the hearts of the people and the world. We should firmly take the initiative in food security. More and less food is a tactical issue, and food security is a strategic issue. We should pay close attention to food production year by year, so that the area and output can not fall, and there can be no problems in supply and market.” Yuan Shuai said.
In terms of making every effort to do a good job in grain production and financial services for important Shenzhen Agricultural Products Group Co.Ltd(000061) supply, the opinions proposed to increase financial support for important Shenzhen Agricultural Products Group Co.Ltd(000061) supply such as soybeans and oil.
The opinions requires that we should optimize the allocation of credit resources and continue to increase credit investment around promoting the increase of soybean and oil production and the supply of “vegetable basket” products. Relying on the main production areas and important logistics nodes, standardize the development of supply chain financial services, and increase financial support for the construction of important Shenzhen Agricultural Products Group Co.Ltd(000061) production and processing, warehousing and preservation cold chain logistics facilities. Actively develop financial products suitable for the characteristics of woody oil plants such as Camellia oleifera, appropriately relax the access threshold, extend the loan period, and support the large-scale planting of Camellia oleifera and the transformation of low yield forests.
In fact, from a macro perspective, China’s dependence on foreign soybeans is as high as 85%, and the import source countries are highly concentrated. As the largest purchaser in the global soybean trade flow, it accounts for about 60% of the global soybean trade volume. In fact, China’s soybean imports exceeded 100 million tons in 2020 and 96.52 million tons in 2021. Although it decreased by 4% year-on-year last year, under the background of widespread concern about global food security, the high external dependence of soybeans still needs more attention.
“In order to tap the potential, expand the area, stabilize and increase the use of edible oil, China has timely formulated the strategic policy of food security. By 2025, it will promote the planting area of 25 million mu of soybeans, develop saline alkali land to grow soybeans, and strive to reach about 160 million mu of soybeans and about 23 million tons of output.” Zhi Peiyuan pointed out that promoting the improvement of soybean self-sufficiency rate, strengthening the construction of circulation mechanism, especially the large-scale and intensive development of regional characteristics Shenzhen Agricultural Products Group Co.Ltd(000061) are conducive to increasing farmers’ income and boosting rural revitalization and beautiful rural construction.
Yuan Shuai believes that soybean oil affects the overall situation of national food security and economic and social development. Under the background of China’s high dependence on foreign edible oil, expanding soybean and oil production has become a major political task. Reducing dependence on imports and improving China’s self-sufficiency rate are conducive to ensuring oil supply and reducing the impact of anti constraints, which is a long-term development plan.
strengthen financial support for sustainable development of rural industries
Industrial revitalization is the foundation and key to the overall revitalization of rural areas, and the prosperity of industries means the prosperity of all industries.
The opinions emphasizes promoting the integrated development of rural primary, secondary and tertiary industries. It is required to focus on the development characteristics of Shenzhen Agricultural Products Group Co.Ltd(000061) processing, rural leisure tourism and other industries, improve financial services such as financing and settlement, enrich the exclusive financial products of new agricultural business entities and small farmers, support the issuance of Rural Revitalization bills, and promote the integrated development of rural primary, secondary and tertiary industries.
Yuan Shuai believes that the integration of three industries is a new agricultural production and operation mode aimed at promoting the development of agriculture, rural areas and farmers. On the basis of vigorously developing agriculture, through the extension of agricultural industrial chain, value chain and supply chain, and in the form of integration of production factors such as capital, technology, labor force and resources, it constructs rural Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) , new business forms and new models, and realizes the connection of interests between different business entities.
“In the new context of the Rural Revitalization Strategy, promoting the deep integration of three industries is an important measure to realize agricultural modernization, boost the prosperity of rural industries, enhance the new driving force of agricultural development and help fight poverty. Finance, as the core of modern economy, is the source of driving economic development.” Yuan Shuai proposed that promoting the deep integration of Rural three industries needs strong financial support.
Yuan Shuai pointed out to our reporter that at present, the main reason for rural backwardness is the lack of support from core pillar industries. The industrial system is too unitary, does not have a three-dimensional and diversified development foundation, and has weak anti risk ability. To fundamentally realize the positive cycle of rural economy, the foothold is to develop rural industries.
The “opinions” requires to promote the integrated development of rural primary, secondary and tertiary industries around the development characteristics of Shenzhen Agricultural Products Group Co.Ltd(000061) processing, rural leisure tourism and other industries, and makes it clear that strengthening the sustainable development of rural industries must be supported by the financial system. With the rapid development of modern agricultural industrial system, production system and management system, the new agricultural management body has gradually grown into an important force to promote the comprehensive revitalization of rural areas, and the financial support can provide strong support for the accelerated development of the new agricultural management body and Rural Revitalization.
“If the industry is strong, the countryside will be strong, and if the countryside is strong, China will be strong. Developing rural industries and laying the foundation for industrial prosperity for Rural Revitalization is inseparable from the participation and support of all walks of life, of which finance plays an indispensable role. Developing rural industries is not only the practical needs of high-quality agricultural development, increasing farmers’ employment and income, and sustainable rural development, but also an effective way to achieve the goal of common prosperity.” Yuan Shuai said when talking about the significance of rural industrial development.
