Core Viewpoint - The rural revitalization strategy is a crucial foundation for the great rejuvenation of the Chinese nation, with financial services playing an indispensable role in promoting comprehensive rural revitalization [1] Group 1: Financial Service Reform in Rural Areas - The shift from "blood transfusion" to "blood production" reflects a change in financial service philosophy, emphasizing the need for financial innovation to activate rural endogenous development [2] - The balance of agricultural loans reached 51.4 trillion yuan by the end of 2024, with small and micro enterprise re-loans at 1.75 trillion yuan, indicating increased credit support for agriculture [2] - The focus is now on empowering rural areas through financial services rather than merely providing funds [2] Group 2: Upgrading Financial Service Methods - The transition from "inclusive" to "precise" financial services aims to meet the differentiated and personalized financial needs of rural revitalization [3] - By the end of 2024, 592,800 rural bank card service points had been established, with 124,500 also offering e-commerce functions [3] - Customized financial products, such as "planting e-loans" and "grain purchase loans," have been developed to enhance service effectiveness [3] Group 3: Expanding Financial Service Boundaries - The integration of various financial services, including insurance and futures, is necessary to support the multi-dimensional aspects of rural revitalization [4] - By the end of 2024, 326 rural revitalization notes worth 250.55 billion yuan had been issued, with 118.59 billion yuan allocated to rural revitalization [4] - Innovative financial service models, such as "insurance + credit," are being explored to address financing challenges in agriculture [4] Group 4: Challenges Facing Financial Service Reform - There is a significant contradiction between supply and demand in rural financial services, with 75.32% of businesses applying for loans under personal names due to a lack of effective collateral [5][6] - The rural financial infrastructure is inadequate, with a low internet penetration rate of 69.2% in rural areas, hindering the effective application of digital financial services [7] - The risk management capabilities of rural financial institutions are insufficient, with 95.85% of high-risk banks being rural cooperative institutions and village banks [8] Group 5: Recommendations for Financial Service Reform - It is essential to promote precise matching of supply and demand in rural financial services, encouraging policy-driven financial support for infrastructure and innovation [9] - Strengthening rural credit systems and enhancing digital financial infrastructure are critical for improving service capabilities [10] - Establishing a multi-level collaborative risk prevention system is necessary to ensure the sustainable development of rural financial services [12]