Core Viewpoint - The news highlights the efforts of the People's Bank of China in Xingan League to enhance rural credit systems and promote innovative financing mechanisms for rural revitalization, aligning with national strategies for rural development [1]. Group 1: Credit Information Collection - As of June 2025, financial institutions in Xingan League have established credit files for 476,500 farming households, ensuring comprehensive coverage of agricultural data [2]. - A thorough investigation and credit assessment initiative has been launched, involving local credit institutions and village committees to update household information and enhance customer relationship management systems [2]. - Major state-owned and urban commercial banks are extending their services to rural markets, with 32% of the credit files established by these banks in Xingan League [2]. Group 2: Financial Products - The People's Bank of China in Xingan League has introduced a credit loan product called "Xing Credit," based on a three-tier credit rating system, offering preferential terms for recognized credit-worthy villages and households [3]. - "Xing Credit" allows for loans up to 400,000 yuan with a fully online approval process, addressing the challenges of small loan accessibility in rural areas [3]. - Since its launch in 2025, "Xing Credit" has facilitated 48,000 loans totaling 6.935 billion yuan, with interest rates as low as 3.2% [3]. Group 3: Collaborative Efforts - The People's Bank of China in Xingan League has partnered with various government departments to establish a new information-sharing protocol for agricultural entities, enhancing the rural credit system [4]. - This collaboration includes a dual information push mechanism, aiding creditworthy agricultural entities in securing financial support while providing government departments with updated credit assessment results [4]. Group 4: Credit Awareness Campaigns - The People's Bank of China in Xingan League has initiated various campaigns to enhance credit awareness among farmers, utilizing a promotional character based on the "Mongolian Horse Spirit" [5]. - The campaign includes the production of educational short dramas and the involvement of local financial ambassadors to promote the importance of credit integrity among the farming community [5].