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Decision to increase tax support for rural finance
December 3 (Xinhua) -- Premier Li Keqiang of the State Council presided over an executive meeting of the State Council on December 3, deploying the rollout of Zhongguancun pilot policies on a larger scale and accelerating the development of national independent innovation demonstration zones to further encourage mass entrepreneurship and innovation; and deciding to increase tax support for rural
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Rural Financial Autonomy Solves Farmers' Loan Difficulties
In recent years, a new experiment called rural financial autonomy has gradually been introduced into many villages in Zhejiang, Guizhou and other places, helping to realize basic financial services "in every village." The village "two committees" bridge the gap and solve the "five difficulties." Shangcai Village, Ganlin Town, Shengzhou City, Zhejiang Province, is a small mountain village surrounded by
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Rural Finance Requires Thinking Beyond Traditional Finance
In the 15 years since the Boao Forum for Asia was held, it has for the first time opened a rural topic, and it was the first forum of this year. At the sub-forum "Inclusive Finance: Exploring a New Model of Rural Financial Reform", co-hosted by the magazine "Boao Review" and the Hainan Rural Credit Union,
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How can the construction of the rural financial system move toward high-quality modernization?
2015 is a pivotal year for China's deepening of financial reform. In order to thoroughly explore the situation and tasks facing China's rural financial development, on April 26, the China Rural Financial Development Forum, hosted by the Finance Research Institute of the Development Research Center of the State Council and co-organized by units including Postal Savings Bank of China and the China Financial Education Development Foundation, was held in Beijing, with the theme "New Tasks and New Development of China's Rural Finance under the New Normal." On that day, the forum also released the "China Rural Financial Development Report 2014."
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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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