MySheen

New agricultural operators will get more financial "blood transfusion"

Published: 2024-11-05 Author: mysheen
Last Updated: 2024/11/05, Recently, the Ministry of Agriculture, together with the Ministry of Finance, the people's Bank of China, the China Banking Regulatory Commission, the Insurance Regulatory Commission and 11 financial institutions, jointly issued the "Joint Action Plan for Financial support for New Agricultural operators" to further increase financial support for new agricultural operators. With our country

Recently, the Ministry of Agriculture, together with the Ministry of Finance, the people's Bank of China, the China Banking Regulatory Commission, the Insurance Regulatory Commission and 11 financial institutions, jointly issued the "Joint Action Plan for Financial support for New Agricultural operators" to further increase financial support for new agricultural operators.

With the acceleration of agricultural modernization in China, a large number of new agricultural operators have emerged, and the demand for financial services is becoming increasingly strong. Compared with the "small-scale peasant economy" in the past, the new agricultural operators not only have a large investment in fixed assets, but also have a large demand for liquidity, and have a need to guard against natural disasters and market risks.

The "Plan" proposes to promote the establishment of a number of financing guarantee institutions and re-guarantee institutions that are mainly funded by the government (including policy-oriented financial institutions) and specialize in agricultural credit guarantee business. we will speed up the construction of an agricultural credit guarantee service network covering all provinces (autonomous regions and municipalities) throughout the country.

In terms of agricultural insurance business, insurance institutions are encouraged to step up product innovation, develop multi-level and highly guaranteed insurance products that meet the needs of new agricultural operators, actively and steadily carry out pilot projects such as target price and meteorological index insurance, and encourage pilot projects of agricultural products with distinctive advantages in line with local conditions.

At present, the main body of new agricultural management in our country is developing rapidly. According to statistics from the Ministry of Agriculture, by the end of last year, there were 3.18 million large operating households with an operating area of more than 50 mu, 877000 family farms, 1.289 million professional cooperatives, 120000 leading enterprises, and 1.15 million agricultural socialized service organizations.

 
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