Increase support for key areas and weak links of agriculture, rural areas and farmers

In 2015, the No.1 Document of the Central Committee took agricultural modernization construction as the theme and focused on agriculture, rural areas and farmers for 12 consecutive years. Agricultural Bank of China relevant responsible person said, From the financial point of view, The implementation of No.1 document not only includes agricultural development acceleration, State investment increase, Rural reform further deepening and other rural financial development opportunities, But also financial institutions to change support focus, Optimize policy system, Innovative product services and other new requirements.

The person in charge said that this year, Agricultural Bank of China will, in accordance with Document No.1 and the requirements of relevant state departments, timely issue a comprehensive implementation plan for the reform of the three rural financial departments, and steadily expand the scope of the reform of the departments to all county branches. Previously, the State Council approved Agricultural Bank of China to carry out pilot projects to deepen the reform of agriculture, rural areas and financial departments in 8 provinces (autonomous regions and municipalities) such as Gansu and Sichuan. At present, the pilot projects have been expanded to county-level branches of 20 first-level branches in 19 provinces (autonomous regions and municipalities) nationwide. The pilot banks have significantly increased the credit for agriculture, rural areas and farmers, continuously improved the depth and breadth of financial services for agriculture, rural areas and farmers, continuously decreased the cost-income ratio of agriculture, rural areas and farmers, and gradually improved the sustainable development capacity of business.

It is understood that Agricultural Bank of China has continuously increased its support for key areas and weak links of agriculture, rural areas and farmers: vigorously supporting new agricultural business entities. By the end of 2014, more than 140,000 professional large households (family farms) had been supported, with a loan balance of 17.4 billion yuan; in view of the financial demand characteristics of leading enterprises in agricultural industrialization, comprehensive financial services integrating credit business, investment banking business and international business were actively provided. At present, nearly 18,000 leading enterprises in agricultural industrialization were supported, with a loan balance of 168.2 billion yuan; and agricultural machinery financing leasing business was actively explored. In 2014, the agricultural machinery leasing pilot jointly carried out by the Ministry of Agriculture and Agricultural Bank of China Leasing Company landed in Xinjiang. The first business was to support 17 cotton picking machines to be delivered before the arrival of cotton picking season, which made China's agricultural financial leasing business take substantial steps; put forth efforts to carry out bank-bearing cooperation and established long-term cooperation relations with 854 guarantee companies. Among the corporate loans insured, 52% are small and micro enterprises; 52% of the personal loans insured are farmer loans, realizing the proportion of agricultural guarantee business "double more than half".

In recent years, Agricultural Bank of China has actively supported farmers to start businesses and continued to carry out financial poverty alleviation work. Since 2009, the Agricultural Bank of China has actively strengthened cooperation with the Women's Federation, the Disabled Persons 'Federation and the Central Committee of the Communist Youth League, launched products such as women's entrepreneurship loans, small-amount guaranteed loans for rural women's entrepreneurship and loans for rural individual production and operation, and actively supported rural youth, rural women and disabled persons in starting businesses. At present, the Agricultural Bank of China's rural individual production and operation loans have reached 70.6 billion yuan. Agricultural Bank of China issued Ten Measures for Financial Poverty Alleviation of Agricultural Bank of China and Opinions on Doing a Good Job in Financial Services for Farmers in Centralized and Consecutive Special Poverty Areas, formulated comprehensive financial service schemes for 10 districts such as Wumengshan District, and started to carry out assistance work in villages. By the end of 2014, the Bank's loans in concentrated contiguous areas amounted to 440.2 billion yuan, an increase of 78.5 billion yuan compared with the beginning of the year.

The person in charge also said that the Agricultural Bank of China will carry out the special activity of "scale agriculture·ten thousand households and ten thousand cooperatives" in the next step, and select 500,000 professional large households (family farms) and 10,000 state-level farmers 'professional cooperation demonstration cooperatives nationwide for key support; carry out the special activity of "leading enterprises·ten billion hundred", focusing on 100 leading agricultural industrialization enterprises with sales revenue exceeding or close to 10 billion yuan, and carry out comprehensive financial services; We will carry out special activities of "benefiting agriculture and benefiting agriculture loans", further expand the coverage of "Jinsui Beneficial Agriculture", promote standardized preferential agricultural loan products, and strive to create a batch of typical lines of poverty alleviation and benefiting agriculture loans. At the same time, Agricultural Bank of China will further strengthen cooperation with relevant state ministries and government guarantee companies, and use various forms to solve the problems of difficult and expensive loans for customers in agriculture, rural areas and farmers.