Rural Finance should vigorously support Farmers' Entrepreneurship and Innovation

Not long ago, the Ministry of Agriculture issued a circular to deploy and implement an action plan to promote farmers' entrepreneurship and innovation. As rural financial institutions, they should actively cooperate with the action plan of farmers' entrepreneurship and innovation, give full play to the functions of "incubation" and "catalysis" of rural finance, and make farmers' entrepreneurial and innovative activities take root with fruitful results.

First, it is difficult to change the concept of doing something. Rural financial departments should change the outdated concept that farmers' entrepreneurial innovation is risky and difficult to do, take the initiative to do a good job in the financial basic work of farmers' entrepreneurial innovation. Second, we should change the concept of being afraid of taking risks. Rural financial departments should change their concept of being afraid of taking risks, take the initiative to carry out dialogue activities with entrepreneurial and innovative farmers, understand the trends of farmers' entrepreneurial innovation, and explore potential industrial projects; at the same time, strengthen exchanges and cooperation with governments at all levels, establish risk funds, compensation funds and guarantee funds to support farmers' entrepreneurship and innovation, and improve the anti-risk ability of rural financial departments to support farmers' entrepreneurship and innovation. Third, we should change the traditional concept of credit. We will implement a policy of equal support for all farmers involved in entrepreneurship and innovation to overcome the past financial policies of "helping the rich but not helping the poor" or "making differences". We should make full use of our own advantages of information technology to implement a two-pronged support policy of "capital support" and "intellectual support" for entrepreneurial and innovative farmers. Focus on the new agricultural industry, promote farmers to form a new model of entrepreneurship and innovation and transform into farmers' professional managers, and improve the financial service system of farmers' entrepreneurship and innovation. Fourth, it is necessary to change the traditional service concept. According to the characteristics of farmers' entrepreneurial innovation and the way they need funds, we should constantly innovate the ways of financial services, develop new financial service products, effectively solve the shortage of farmers' entrepreneurial and innovative financial services, and provide farmers with fast payment and settlement services and modern financial service experience. We will improve and improve the mechanism for combining policy insurance with commercial insurance to enhance farmers' ability to resist risks in entrepreneurship and innovation. We will increase investment in service facilities, change the appearance of backward financial services, and allow farmers to fully enjoy inclusive financial services in entrepreneurship and innovation.