Core Viewpoint - The recent issuance of the "Plan for Accelerating the Construction of an Agricultural Powerhouse (2024-2035)" by the Central Committee of the Communist Party of China and the State Council provides a roadmap for advancing agricultural modernization and highlights the essential role of financial institutions in supporting this initiative [1] Financial Support for Food Security - Financial institutions are encouraged to increase credit support for new agricultural operators such as large grain producers, family farms, and agricultural cooperatives by offering specialized grain planting loans with lower thresholds and simplified approval processes [1] - Innovative financial products like "Grain Yield Guarantee Loans" are proposed to assist farmers in expanding production and improving efficiency based on historical yield and market price expectations [1] - Support for grain logistics companies through loans for storage facility construction and cold chain logistics is essential to reduce food loss and ensure timely market supply [1] Support for Agricultural Technology - Financial institutions should enhance support for agricultural technology research and application by providing long-term, low-interest loans to agricultural research institutions and enterprises in key areas such as biological breeding and smart farming [2] - Development of financial products like intellectual property pledge loans and technology transformation loans is necessary to help agricultural tech companies commercialize their research outcomes [2] Rural Industry Development - In the agricultural processing sector, financial institutions can offer loans for technological upgrades and equipment renewal to enhance processing capabilities and product value [2] - Specialized financial products should be developed for new industries such as rural e-commerce and rural tourism, including small business loans for e-commerce entrepreneurs and project financing for tourism initiatives [2] Infrastructure Development - Financial support for rural infrastructure projects, including loans for the construction and upgrading of rural roads, is crucial to improve logistics and reduce transportation costs for agricultural products [2] - Increased credit investment in irrigation projects and small-scale water conservancy facilities is necessary to ensure adequate water supply for agricultural production [2] - Support for clean energy projects in rural areas, such as solar and wind energy, is vital for promoting green development and modernizing rural infrastructure [2] Policy Recommendations - Government and regulatory bodies should provide policy guidance, such as fiscal subsidies and tax incentives for agricultural loans, to enhance the enthusiasm of financial institutions [3] - Strengthening the rural credit system and improving credit evaluation mechanisms for farmers and rural enterprises can help mitigate credit risks for financial institutions [3]
夯实农业强国根基 金融机构需全面发力
Zheng Quan Ri Bao·2025-04-13 21:41