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Ministry of Agriculture: Develop New Rural Financial Organizations, Advance Financial Support for Agriculture
On May 4, it was learned from the Ministry of Agriculture that the Department of Industrial Policy and Regulation of the Ministry of Agriculture published on April 30 the 2015 policies and measures of the state for deepening rural reform, developing modern agriculture, and promoting increases in farmers' incomes. Among them were measures for developing new types of agricultural financial organizations, mainly financial support
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How to Promote the Development of Rural Mobile Finance
Rural areas are a weak link in our country's financial services, and mobile finance is an important platform for achieving inclusive finance. Our country's rural areas have a backward economy, inconvenient transportation, and few financial institution outlets, and financial resources and financial services need to be improved. Therefore, developing mobile finance is one of the effective ways to accelerate the building of rural inclusive finance.
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Drafting of the Rural Finance Law is proceeding smoothly
This newspaper report, by reporter Chen Liping. The reporter recently learned from the Agriculture and Rural Affairs Committee of the National People's Congress that the drafting of the Rural Finance Law is proceeding smoothly. At the Third Session of the 12th National People's Congress held in March this year, 30 deputies including Wu Guangchun put forward a proposal to accelerate agricultural credit legislation and effectively solve the financing difficulties of new types of agricultural business entities.
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An Analysis of Two Common Misconceptions About Rural Internet Finance
Whether we accept it or not, internet finance, a new wave born against the backdrop of the information economy, financial repression and interest rate marketization, is rapidly changing the face of China's financial industry. At present, internet finance has already made great contributions to promoting inclusive finance, raising the financing coverage rate of small and micro enterprises
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Why the focus of rural finance is farmers
On July 2, the "Internet Finance and SME Investment and Financing Summit Forum," jointly hosted by the China Banking Association, the China Association of Small and Medium Enterprises, Xinhuanet and others, opened in Beijing. The forum held discussions on regulation and self-discipline in the internet finance sector, industry development trends and other topics
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Rural finance: a chicken rib or a blue ocean?
The annual Langzhong ginger harvest has already come to an end, but Wang Shijun, who has been toiling in the ginger purchasing and processing business for many years, is not at peace. This year many banks have tightened their lending windows considerably, and the loan the company needed to purchase ginger had still not been approved. Fortunately
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"Loan fraud" incident sounds alarm for rural financial security
Many farmers in Tianzhen County, Datong City, Shanxi, discovered that they had inexplicably been saddled with loans that were overdue and unpaid, with the lending bank being the Tianzhen County Rural Credit Cooperative Union. Word of this spread quickly, and many local people, worried that they might suffer the same fate, rushed
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Farmers' entrepreneurship and innovation need strong support from rural finance
Not long ago, the Ministry of Agriculture issued a notice to deploy and implement an action plan to advance farmers' entrepreneurship and innovation. As rural financial institutions, they should actively cooperate with the action plan to advance farmers' entrepreneurship and innovation, fully leverage the "incubation" and "catalysis" functions of rural finance, so that farmers' entrepreneurship and innovation activities can take root and bear abundant fruit.
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Rural Internet Finance: Openness and Cooperation Lead the Future
Recently, the People's Bank of China and nine other ministries and commissions issued the "Guiding Opinions on Promoting the Healthy Development of Internet Finance" (hereinafter referred to as the "Opinions"). The introduction of the "Opinions" has legitimized Internet finance and also provided a guarantee for its survival of the fittest and innovative development.
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Rural inclusive finance welcomes new opportunities in internet development
The internet has already permeated every level of social life and has become an important platform for social, economic and cultural activities and personal life. Although agricultural and rural development should not expect that a single network will solve everything, as the internet gradually permeates agriculture, rural areas and farmers, rural development
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