The State Council Requires Actively Cultivate Asset Evaluation to Serve Rural Finance

The General Office of the State Council recently issued the "Several Opinions on the Development of Financial Services for Agriculture, Rural Areas and Farmers" (hereinafter referred to as the "Opinions"), requesting to actively comply with new conditions, new trends and new requirements such as appropriate scale operation of agriculture and the integrated development of urban and rural areas, and further improve rural areas. The ability and level of financial services to achieve the win-win development of rural finance and "agriculture, rural areas and farmers".

　　 The "Opinions" emphasized that in recent years, my country's rural finance has achieved rapid development, and a multi-level and relatively complete rural financial service system has initially formed, with continuous expansion of service coverage and continuous improvement of service levels. But overall, rural finance is still the weakest link in the entire financial system.

　　 "Opinions" put forward nine measures. The first is to deepen the reform of the rural financial system and mechanism, enrich rural financial service entities, develop agricultural industry investment funds, agricultural private equity investment funds, and agricultural technology venture capital funds, financial leasing companies that mainly serve "agriculture, rural areas, and farmers", and county financing guarantee agencies Or guarantee funds, village-level financing guarantee funds and other new-type rural financial service institutions to enhance the synergy of agricultural support services. The second is to vigorously develop inclusive finance in rural areas, carry out the "village-to-village" project for financial services, promote full coverage of rural basic financial services, and increase financial poverty alleviation efforts. The third is to broaden the sources of funds, appropriately reduce the deposit reserve ratio of the county-level rural commercial banks and rural cooperative banks that meet the requirements, and guide the increase in the investment of agriculture-related funds. Fourth, we must innovate rural financial products and service methods, promote new mortgage guarantee methods, and carefully and steadily carry out trials of rural land contractual management rights and farmers' housing property rights mortgages to better meet the diversified and multi-level service requirements of rural areas. Fifth, it is necessary to increase financial support to key areas, promote innovation in agricultural operation methods, increase comprehensive agricultural production capacity, develop socialized agricultural services, and transform agricultural development methods. Sixth, it is necessary to expand the breadth and depth of agricultural insurance and accelerate the establishment of a financially supported agricultural insurance catastrophe risk dispersion mechanism. Seventh, steadily cultivate and develop the rural capital market, support the issuance of corporate bonds, corporate bonds and SME private placement bonds by agricultural-related enterprises, gradually expand the issuance of non-financial corporate debt financing instruments such as collective bills and short-term financing bills for SMEs, and promote the development of multiple levels Direct financing. Eighth, improve rural financial infrastructure, actively cultivate intermediary organizations such as land evaluation and asset evaluation, and steadily promote convenient mobile payments in rural areas. Ninth is to increase policy support for "agriculture, rural areas and farmers" financial services, and establish a long-term and institutionalized rural financial policy support system with clear orientation, effective incentives, strict constraints, and coordinated support to provide stability for financial institutions to carry out "agriculture, rural areas and farmers" business Policy expectations. It is necessary to strengthen financial supervision, improve the financial risk handling mechanism under the new situation, effectively maintain financial stability, and keep the bottom line of risk.