The pilot project of "two rights" mortgage loan needs to further improve the relevant policies.

Han Jun, deputy director of the Office of the Central Financial and Economic leading Group, said on the 27th that the pilot project of mortgage loans for rural contracted land management rights and farmers' housing property rights is an effective breakthrough to solve the problem of mortgage guarantee for farmers' loans, but because they are worried about the difficulty of disposing of rural land, financial institutions still have a lot of concerns about carrying out this business, and the relevant policies of the pilot need to be further improved.

Han Jun said at the 2016 China Financial Annual Forum held on the 27th that under the current credit policy, the adequacy of secured assets is the main condition for bank loans. A large number of small and micro enterprises in rural areas, ordinary farmers and the poor, because there is not much collateral, the loan demand is the most difficult to meet, which is the focus of the country to promote inclusive financial development.

China has made some important progress in broadening the scope of farmers' collateral and improving the rural guarantee system, including the launch of the pilot project of "two rights" mortgage loans. "at present, the balance of the two loans is more than 13 billion yuan, but it seems that we should not be too optimistic about whether this reform can fundamentally change the problem of farmers' difficult loans." Han Jun said that the effectiveness of the pilot depends not only on the attitude of the government and the wishes of farmers, but also on the enthusiasm of financial institutions.

He said that inclusive finance is a short version of China's financial system, and this year, the growth of agriculture-related loans has been sluggish. The development of inclusive finance should reflect equal opportunities, at the same time, inclusive finance cannot be turned into charitable finance, and it is necessary to embark on a road of inclusive finance that takes into account fairness and commercial sustainability and truly benefits the broad masses of farmers, rural small and micro enterprises and the poor.