Core Viewpoint - The People's Bank of China, along with the Ministry of Agriculture and Rural Affairs and the Financial Regulatory Bureau, has issued a notice to promote agricultural facility and livestock collateral financing, aiming to revitalize rural resources and support comprehensive rural revitalization efforts [1] Group 1: Agricultural Financing Innovations - Sichuan has introduced a series of new rural property financing models, including "livestock breeding facility rights registration and mortgage," issuing the first related property rights certificate in the country, transforming "sleeping assets" into "active capital" [1][4] - A livestock farmer in Sichuan successfully obtained a loan of 5 million yuan from a bank using a newly acquired property rights certificate, which allowed him to expand his breeding operations [4][6] - The property rights certificate clearly documents the information of livestock breeding facilities, addressing the issue of unclear ownership that previously hindered financing [6] Group 2: Expert Evaluation and Cost Savings - An expert evaluation team consisting of agricultural specialists, industry regulators, and financial institutions has been established to accurately assess property values, enabling banks to lend more confidently [11] - The collaboration between government and banks has led to a 1 percentage point reduction in average interest rates for agricultural loans, saving over 5 million yuan in financing costs for operating entities [11] Group 3: Expansion of Collateral Scope - The local government has expanded the range of collateral to include agricultural facilities, live livestock, and crops, establishing over 300 new credit files for agricultural operators [12] - Nearly 50 million yuan in loans have been issued to date, demonstrating the effectiveness of the new financing models [12] Group 4: Collective Forest Rights Reform - Collective forest rights reform has emerged as a key strategy for revitalizing rural resources, with "forest tickets" clarifying ownership and transforming forest land into collateralizable and transferable assets [13] - In a specific village, the issuance of 103 "forest tickets" has allowed villagers to secure loans for upgrading their homestays, addressing funding challenges [17][22] - Since the initiation of forest rights reform, the total credit for forestry-related loans has reached 1.051 billion yuan, with a nearly threefold increase in loan amounts year-on-year, benefiting over 9,000 households [24]

Core Viewpoint - The People's Bank of China Sichuan Branch is actively implementing financial support for rural revitalization by transforming dormant rural assets into capital for development, focusing on agricultural facilities and livestock as collateral for loans [1][8]. Group 1: Financial Support Initiatives - As of the end of September, Sichuan has issued a total of 5.335 billion yuan in livestock collateral loans and agricultural facility loans, benefiting 13,392 agricultural entities [1]. - The Sichuan Branch has conducted extensive research to address challenges in asset rights confirmation, evaluation, and risk control related to agricultural facilities and livestock [2][4]. - A series of policy documents have been released, including the "2025 Sichuan Credit Policy Work Points," to promote the use of agricultural facilities and livestock as collateral [2][4]. Group 2: Mechanism and Coordination - A regular liaison mechanism for financial services in rural revitalization has been established, involving coordination among financial, fiscal, and industrial departments [3]. - The Sichuan Branch has collaborated with various departments to streamline policies related to the rights confirmation and collateralization of rural resources [4][5]. Group 3: Product Innovation and Implementation - Innovative financial service models have been developed, such as "live asset collateral + intelligent supervision," utilizing technologies like IoT and blockchain for real-time monitoring of livestock [8]. - As of September, 3,189 market entities have received 2.286 billion yuan in livestock collateral loans, while 10,203 entities have received 3.048 billion yuan in loans for agricultural facilities [8]. - A dual asset collateral approach has been introduced to meet the financing needs of agricultural entities, combining livestock and agricultural production facilities as collateral [9].

Core Viewpoint - The collaboration between the relevant departments of Chongzhou City and Chengdu Rural Commercial Bank aims to innovate financing mechanisms in the forestry sector, utilizing compensation rights from public welfare forests as collateral for loans, marking a significant step in addressing funding challenges for forestry operators [1][4]. Group 1: Financing Mechanism Innovation - Chengdu Rural Commercial Bank has successfully issued a loan of 5 million yuan based on the compensation rights of public welfare forests, which is the first of its kind in Sichuan [1][2]. - The loan issuance is part of a broader initiative to explore innovative financing models in the forestry sector, addressing the long-standing issue of funding shortages for farmers looking to develop under-forest economies [2][4]. Group 2: Impact on Local Farmers - Local farmers, particularly those involved in under-forest medicinal herb cultivation, have expressed increased confidence in expanding their operations due to the availability of this new funding source [3]. - The funding provided through the public welfare forest compensation rights pledge has resolved critical funding gaps for local cooperatives and individual farmers, enabling them to invest in larger-scale operations [2][3]. Group 3: Policy and Strategic Support - The recent policy document from the central government emphasizes the need for enhanced financial support to promote sustainable forestry practices and improve farmers' incomes [4]. - Chengdu Rural Commercial Bank is leveraging its experience from rural financial reform pilot projects to enhance rural property financing capabilities, which is essential for the overall rural economic development and revitalization [4][5]. Group 4: Systematic Solutions for Rural Financing - The bank is focused on addressing systemic issues related to asset rights confirmation, value assessment, and mortgage registration to facilitate rural property financing [5][6]. - A collaborative approach with local governments is being pursued to develop replicable service models that convert rural resources into capital, thereby injecting financial vitality into rural areas [6].