Core Viewpoint - The innovative financial service model combining government, insurance, guarantee, banking, and industry has effectively addressed the challenges faced by the beef cattle industry in Yangxin County, enhancing risk protection and financing support for local farmers [1][3]. Group 1: Industry Challenges - Yangxin County, known for its leading beef cattle slaughter volume in China, faces significant challenges such as disease outbreaks, natural disasters, and market price fluctuations, which complicate financing due to long breeding cycles and slow capital turnover [3][4]. - The lack of collateral for loans has made financing difficult and expensive for cattle farmers, exacerbating the industry's development bottlenecks [3]. Group 2: Financial Service Model - The Shandong branch of PICC has developed a comprehensive financial service model that integrates government support, insurance products, and banking services, creating a financing loop that enhances credit through agricultural insurance policies [3][4][6]. - This model has led to the creation of a risk protection service covering the entire lifecycle of beef cattle, from breeding to market, including innovative insurance products such as medical insurance and price index insurance [4][6]. Group 3: Impact and Results - From 2023 to 2024, the insurance coverage has reached 8,652 cattle, providing a risk protection amount of 139 million yuan and facilitating over 150 million yuan in financing loans [6]. - The financial support has strengthened the entire beef cattle industry in Binzhou, resulting in improved quality, significant income increases for farmers, and a robust internal driving force for sustainable development [6].
人保财险山东省分公司：“五融”模式助“牛县”产业闭环破局