Drive more social capital to support the transformation of agricultural ecology

The No. 1 document of the Central Committee in 2010 clearly mentioned that it is necessary to establish an agricultural industry development fund, support the development of leading agricultural enterprises, and explore the innovation of the rural financial system. Before the promulgation of the Central Committee's No. 1 document, the relevant central departments, including the Central Agricultural Office, the National Development and Reform Commission, the Ministry of Finance, the people's Bank of China, and so on, after nearly four years of repeated deliberation, consideration, and soliciting opinions from all sides, finally made it clear in the No. 1 document of the Central Committee to do this. So this gestation time is very long. After the release of document No. 1, the State Council instructed the Ministry of Finance to take the lead in setting up the fund. After nearly a year of preparation, the fund was officially registered and established at the end of 2012.

In accordance with the requirements of the State Council, the fund should really play an exploratory role in promoting agricultural modernization, truly introduce funds, technology, and management experience in accordance with market-oriented means, and at the same time drive more social capital to invest in the fields of agriculture, rural areas and farmers, improve the efficiency of agricultural development, let capital input have corresponding output, and improve the efficiency and efficiency of limited financial funds.

The first is to invest in the field of agriculture, mainly equity investment, to invest in the leading enterprises of agricultural industrialization. The field of agriculture includes the field of agricultural circulation, agriculture-related guarantee, agricultural insurance companies, agriculture-related can, the fund is only minority shareholders. In the field of agriculture, we have rich project library resources, including Agricultural Development Bank and Agricultural Bank, which are agriculture-related financial institutions, so their customers have a considerable number of agriculture-related enterprises.

Second, the fund invests to cultivate leading enterprises in agricultural industrialization, focusing on selecting good seedlings, focusing on the development potential of enterprises, mainly on the uniqueness, foresight, novelty and eco-technical support of the project, and the core is to be optimistic about the leaders. the core element of our investment is still people, and what he does.

The third is to focus on characteristic agriculture and ecological agriculture. In the process of promoting the development of traditional agriculture to modern enterprises, our main direction is not the traditional basic agriculture. In this regard, there is a moderate division of labor between the fund and the government: government departments, such as the Ministry of Agriculture, the Agriculture Department of the Ministry of Finance, the Office of Agricultural Development, and so on, are mainly responsible for basic agriculture, including the construction of irrigation and water conservancy infrastructure, and so on. A lot of public financial subsidies are really needed. From the point of view of the fund, it is unrealistic to do basic agriculture, so the fund focuses on characteristic agriculture, the government focuses on basic agriculture, and the fund should not take its place, but it should fully rely on the government and strive for government support.

At present, there are still some problems in the field of agriculture in China, especially the sustainable development of agriculture. For example, the problem of the red line of cultivated land and the weak anti-risk ability in the field of agriculture. For this reason, I think that great efforts need to be made to change the status quo in order to develop modern agriculture. The existing problems need to be solved by all aspects, including the government, the enterprises themselves, as well as our investment institutions, scientific research departments, and even the media. My preliminary consideration for the future development direction of China's agricultural industrialization is to take the path of intensive, scientific and market-oriented through the country's continuous policy support, adequate capital supply and the guarantee of technical personnel, to realize the ecological transformation of agriculture.