2025年深秋，当生猪价格跌破6元/斤时，西安市鄠邑区清凉山养猪场负责人张巨亭并未像往年那样慌 张，因为他已为2000头生猪投了保险，如果猪价持续低迷，他将在几个月之后拿到一笔保险赔付。时间 来到2026年2月，因生猪价格低于目标保障水平，他顺利获得了18.43万元的理赔。 他给期货日报记者算了一笔账："我的养猪成本是6.5元/斤，市场价格大概是6元/斤，本来要亏损近0.5 元/斤，也就是每头亏损约125元。现在有了保险赔付，算下来养殖每头生猪只是小幅亏损，还在自己可 以承受的范围内，明年可以继续安心养猪。" 这份"安心"源自一个已在当地连续运行三年的金融支农项目——生猪"保险+期货"。记者了解到，自 2023年起，西部期货就与安盟财产保险有限公司（下称安盟保险）携手，在陕西省西安市鄠邑区探索这 一模式，通过金融工具帮助生猪养殖户抵御市场价格波动的"惊涛骇浪"。三年间，从最初只有几户试探 性投保到如今覆盖全区大多数养殖户，从农户将信将疑到主动续保并带动周边人群，一颗利用现代金融 工具管理农业风险的种子，在古都西安生根发芽，悄然改变着当地的养殖生态。 从"看天吃饭"到尝试金融工具 生猪养殖是风险较高的行业，猪价 ...

（文章来源：期货日报网） 四川省人民政府办公厅近日印发《关于进一步促进服务业创新突破的实施意见》（下称《意见》），其 中提出，引导有条件的地区申建期货交割库，探索开展"保险+期货"服务。 在推动支撑性服务业提质扩容方面，《意见》提出，发展股权、债券等直接融资。发挥政府产业引导基 金作用，构建涵盖种子、天使、并购等各类风险投资、私募股权投资的全生命周期基金投资体系。吸引 社保基金等国家级基金、保险公司、金融资产投资公司设立或者投资创业投资基金。拓展债券市场融资 渠道，推动符合条件的企业发行科技创新债券、绿色债券。推动基础设施领域不动产投资信托基金发行 与申报。 ...

Core Viewpoint - The People's Bank of China, along with other regulatory bodies, has issued guidelines to establish a normalized financial support mechanism aimed at preventing poverty and promoting rural revitalization, in line with the directives from the 20th National Congress of the Communist Party of China [1][4]. Group 1: Financial Support Mechanism - The guidelines emphasize the need to develop a long-term financial support mechanism for key populations, optimizing microcredit for impoverished individuals and supporting those at risk of falling back into poverty [4]. - Financial institutions are encouraged to create loans for specialized industries and increase the upper limit for entrepreneurial guarantee loans in eligible regions [4]. - A tiered financial support mechanism for underdeveloped areas will be established, prioritizing new financial resources for key rural revitalization counties [4]. Group 2: Investment in Key Areas - The guidelines stress the importance of financial resource allocation in key sectors, particularly in grain and oil production, to enhance agricultural productivity and quality [5]. - Supply chain financial services, such as accounts receivable financing, will be developed to meet the financial needs of the entire agricultural industry chain [4][5]. - There will be increased long-term funding for rural infrastructure projects and support for the integration of agriculture, culture, and tourism [4]. Group 3: Financial Innovation and Collaboration - The guidelines call for enhanced collaboration among various financial sectors, encouraging local financial institutions in underdeveloped areas to issue special bonds for small and micro enterprises and agriculture [5]. - A comprehensive capital market support system will be constructed, including the continuation of a "green channel" policy for company listings [5]. - The implementation of innovative insurance products and services will be promoted, alongside a monitoring mechanism to assess the effectiveness of financial support policies [5].

《意见》指出，丰富金融产品和服务模式。各金融机构要聚焦吸纳就业能力强、带动增收效果好的领 域，搭建金融服务场景，开发专属金融产品。在依法合规、风险可控的前提下，探索运用"贷款+外部 直投"、科技保险、知识产权质押融资、各类投资基金等支持措施。 《意见》指出，构建资本市场综合支持体系方面，继续在国家乡村振兴重点帮扶县稳步推进"保险+期 货"，更好发挥项目保障作用。创新发展保险产品和服务方面，稳妥发展高标准农田建设管护、农业机 械损毁等保险。探索创设帮扶产业项目保险产品，保障资金安全和项目稳定经营。引导保险公司优化服 务，提高承保理赔服务质效，做到应赔尽赔、早赔快赔。 北京商报讯（记者 胡永新）2月14日，据中国人民银行官网信息，近日，中国人民银行、金融监管总 局、中国证监会、农业农村部联合发布《关于统筹建立常态化金融支持机制 助力防止返贫致贫和乡村 全面振兴的意见》（以下简称《意见》）。 ...

中国人民银行、金融监管总局、中国证监会、农业农村部印发《关于统筹建立常态化金融支持机制 助 力防止返贫致贫和乡村全面振兴的意见》《意见》提出，构建资本市场综合支持体系。加大农村地区企 业上市辅导培育力度，帮助更多企业利用多层次资本市场进行融资。对注册地在原脱贫地区的企业继续 实施上市"绿色通道"政策。支持符合条件的上市企业通过增发、配股、发行可转债、公司债等方式进行 再融资，募集发展资金用于当地特色产业发展、农业科技创口甘日化甘天"品种上市，提供更多符合乡 村产业发展需求的风险管理工具。继续在国家乡村振兴重点帮扶县稳步推进"保险+期货"，更好发挥项 目保障作用。 ...

其中提出，构建资本市场综合支持体系。 加大农村地区企业上市辅导培育力度，帮助更多企业利用多层次资本市场进行融资。 对注册地在原脱贫地区的企业继续实施上市"绿色通道"政策。支持符合条件的上市企业通过增发、配股、发行可转债、公司债 等方式进行再融资，募集发展资金，用于当地特色产业发展、农业科技创新等项目。支持特色农产品期货期权品种上市，提供 更多符合乡村产业发展需求的风险管理工具。继续在国家乡村振兴重点帮扶县稳步推进"保险+期货"，更好发挥项目保障作 用。 点此阅读全文 来源丨中国人民银行 编辑丨黎雨桐 蚂蚁阿福超过千问，登上苹果应用总榜第一 香港富豪李家诚控告演员周秀娜，最新回应 SFC 2 1君荐读 | | | 2月14日，据央行网站，近日，中国人民银行、金融监管总局、中国证监会、农业农村部联合发布《关于统筹建立常态化金融 支持机制 助力防止返贫致贫和乡村全面振兴的意见》。 | | | | 中国人民银行 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | THE PEOPLE'S ...

为深入贯彻落实习近平总书记对做好"三农"工作的重要指示精神，积极践行服务实体经济的使命，东证期货2025年持续扎实开展乡村振兴工作，将 行业发展融入服务国家战略，多措并举推进一系列帮扶项目，有效深化产业融合，全面壮大村集体经济，进一步推动乡村发展从"夯实基础"向"全面 振兴"跃升。 一、汇聚东证能量，深化公益帮扶 在过去一年里，东证期货从党建共建、产业振兴、消费帮扶及文化赋能等多方面开展了公益帮扶项目。 （一）强化党建引领，提升帮扶质效 始终坚持党的领导，以党建共建为纽带，与乡村振兴地区党组织深化合作，"用心、用情、用力"实现资源共享、力量融合，深度凝聚发展共识。聚 焦当地党员群众的急难愁盼问题，通过"同上一堂党课"、慰问困难党员群众、支持党建活动室设备更新和搭建爱心图书吧等多种形式，把一件件"关 键小事"办成"暖心实事"。 （四）挖掘红色文化，擦亮公益品牌 2025年度，东证期货携自有品牌"IF公益"继续沿着红军长征足迹，来到胜利会师的终点站——宁夏西吉县，通过深入挖掘西吉县的红色内涵，推动 红色资源在促进村镇产业发展和乡村旅游发展等工作中的创造性转化与创新性发展。 在结对帮扶的兰考县和延长县等地，依托各自 ...

"工具箱"里藏"玄机"：精准对接产业需求 "34亩地赔了7295元，每亩地自缴保费42.91元。"立春时节的新疆阿拉尔市第一师十三团仍寒风凛冽， 但边疆红合作社的屋内却暖意融融，枣农张艳秋摩挲着手中的理赔确认单，脸上笑开了花："不知道郑 商所是个什么样子，但是心里有底——数千里外的郑商所，连着我们沙漠里的枣园子！" 这份带给农户的安心，正是郑商所贯彻落实中央一号文件精神的生动注脚。2026年2月3日，《中共中央 国务院关于锚定农业农村现代化、扎实推进乡村全面振兴的意见》正式发布。这是党的十八大以来连续 第14个聚焦"三农"工作的中央一号文件，为"十五五"开局之年的"三农"事业发展擘画了清晰蓝图。作为 国家重要金融基础设施，郑商所坚守服务实体经济的初心使命，以学习运用"千万工程"经验为引领，通 过21个覆盖粮、棉、油、糖、果的农产品期货及期权工具，在优化产品供给、强化支农惠农、推动产业 融合的道路上稳步前行，让期货市场的金融"活水"精准滴灌乡村振兴的沃土。 "加强农产品期货市场建设"，2026年中央一号文件的明确部署，为期货市场服务"三农"指明了工作方 向。回望2025年，郑商所一方面加快新产品研发，一方面优化 ...

Core Viewpoint - The article highlights the innovative "insurance + futures" model implemented by Nanhua Futures to address the market risks faced by farmers in Hubei Province, ensuring stable income and contributing to national oilseed security [1][2]. Group 1: Project Background - Hubei Province is a crucial oilseed production base in China, accounting for one-sixth of the national planting area and 17% of the total output, making it vital for national oil security [2]. - Despite government support, the oilseed industry faces challenges such as limited yield, high production costs due to labor shortages, and volatile prices influenced by international markets and demand [2]. - Traditional agricultural insurance primarily covers yield losses from natural disasters but fails to address income losses from price declines, leading to reduced planting enthusiasm among farmers [2]. Group 2: Service Plan and Process - In early 2024, a pilot project for oilseed income insurance was launched in Zhongxiang City, covering 46,606.46 acres of oilseed [3]. - The project employs a "revenue insurance + futures options" model, creating a closed-loop risk transfer mechanism [4]. Group 3: Innovative Model - The model includes three layers: 1. Revenue insurance protects farmers against both yield and price risks, transitioning from traditional cost coverage to income protection [4]. 2. Insurance companies purchase put options from Nanhua Capital to hedge against price volatility, effectively transferring risk [4]. 3. Nanhua Capital utilizes its trading advantages in the futures market to disperse risks, creating a win-win situation for farmers, insurers, and the futures market [4]. Group 4: Policy Support - The pilot project received significant provincial financial support, with subsidies of 2.141 million yuan, covering 70% of total premiums, which lowered the cost for farmers and encouraged participation [7]. - Nanhua Futures also subsidized 25% of the premiums, demonstrating the financial institution's commitment to supporting the agricultural sector [7]. Group 5: Achievements - After the project, 28 insured farmers received a total compensation of 751,800 yuan, achieving a remarkable return rate of 491.7% on their paid premiums, effectively mitigating income losses from market fluctuations [9]. - Farmers expressed increased confidence in planting due to the income insurance, while local government and insurance companies recognized the project's innovative approach to risk management [10]. Group 6: Insights and Replicability - The project exemplifies a successful integration of "insurance + futures/options" as an effective risk management tool, applicable to other volatile agricultural products [13]. - The collaboration between government subsidies and market operations demonstrates a model that can be replicated in other regions [13]. - The tailored hedging strategy based on local production characteristics enhances the project's adaptability and effectiveness [13]. Group 7: Future Implications - The success of the project indicates a need for the agricultural insurance system to evolve from cost protection to income and price protection to meet the demands of modern agricultural operations [14]. - Expanding the coverage to include more specialty crops and smallholder farmers could enhance financial inclusion [14]. - Continued development of the futures market and financial literacy among farmers will strengthen risk management capabilities [14].

Core Insights - The pig industry is a crucial pillar of the agricultural economy in Guigang City, Guangxi, playing a significant role in market supply, stabilizing farmers' income, and promoting rural revitalization [1] Group 1: Risk Management Initiatives - The Dalian Commodity Exchange has implemented a "Farmer Income Guarantee Program" to provide financial support to farmers, ensuring stable operations for livestock producers [2] - The "Insurance + Futures" price insurance project, initiated by Nanhua Futures in collaboration with local governments and insurance institutions, covers 25,659 pigs with a project amount of approximately 36.33 million yuan [2] - The project utilized a two-month enhanced Asian put option to lock in target prices, resulting in effective compensation of about 1.38 million yuan, significantly exceeding the farmers' self-paid premiums [2] Group 2: Targeted Support for Small Farmers - The "Insurance + Futures" project focuses on small and medium-sized farmers, encouraging participation through cooperative organizations and ensuring that financial resources are directed towards frontline farming groups [3] - The project has successfully reduced insurance costs for small farmers, making it affordable and accessible, thus reflecting the inclusive intent of financial support for agriculture [3] Group 3: Economic Impact and Future Prospects - The ongoing development of the "Insurance + Futures" model in Guigang not only mitigates market risks in the pig industry but also empowers the implementation of local rural revitalization strategies [3] - Nanhua Futures plans to enhance its experience in price risk management and expand the project’s coverage, aiming for a more standardized and high-quality development of the pig industry [4] - The continuous improvement and promotion of this model are expected to inject stronger momentum into rural revitalization in Guigang and provide a replicable model for the stable development of the pig industry in Guangxi and nationwide [4]