Core Viewpoint - The People's Bank of China, along with the Financial Regulatory Administration and the National Forestry and Grassland Administration, has issued a notification to enhance financial support for high-quality development in the forestry sector, emphasizing the use of structural monetary policy tools and expanding direct financing channels for forestry enterprises [1][2]. Group 1: Financial Support Measures - The notification outlines 15 specific measures across five areas: deepening financial services for collective forest rights reform, strengthening financial guarantees for important forestry strategies, increasing financial investment in high-quality forestry development, establishing mechanisms for realizing the value of ecological products, and improving the policy support system and guarantee mechanisms [1]. - It emphasizes the need to innovate loan products and services related to forest rights, broaden the scope of mortgaged forest rights, and extend loan terms in a lawful manner [1]. Group 2: Risk Management and Insurance - The notification calls for the exploration of a forest insurance product system that includes index insurance, yield insurance, income insurance, and liability insurance [2]. - It highlights the importance of enhancing financial institutions' risk prevention capabilities and establishing a comprehensive risk management mechanism for forest rights mortgage loans [2]. Group 3: Collaboration and Implementation - Local authorities are encouraged to establish a collaborative mechanism for financial support in forestry reform and development, facilitating effective communication and information exchange [2]. - The People's Bank of China plans to work with relevant departments to ensure the implementation of the notification's measures, improve the quality of financial services for collective forest rights reform, and support high-quality development in the forestry sector [2].