Core Viewpoint - The recent proposal by the Central Committee emphasizes the acceleration of agricultural modernization and comprehensive rural revitalization, highlighting the critical role of financial support in achieving these goals [1] Financial Support for Rural Revitalization - Financial services for rural revitalization have been strengthened, but there is still a need to optimize existing resources and explore new financial demands, particularly for new industries and entities [2] - The financial support for agricultural technology innovation is crucial for enhancing agricultural productivity and quality, yet the proportion of agricultural technology loans remains low [2] - There are significant gaps in credit support for new agricultural entities, such as cooperatives and family farms, which require tailored financial products and services [2] Competition in Rural Financial Services - The competition in rural financial services is intensifying, with net interest margins declining, necessitating a shift from traditional competition based on interest rates to a more comprehensive service model [3] - Large banks are encouraged to play a leading role in developing integrated financial services for rural projects, while smaller banks should focus on specific niches [3] Product Innovation in Rural Finance - There is a need for innovation in rural financial products, particularly in areas like collateral financing and pension services, which currently lack scalability and sustainability [4][5] - The proportion of medium- and long-term loans in rural finance is low, limiting investment in fixed assets essential for agricultural growth [5] Enhancing Financial Service Capabilities - There is a mismatch between the understanding of rural revitalization policies among financial institutions and the actual needs of rural clients, indicating a need for better training and awareness [6] - The development of inclusive finance should transition from being policy-driven to market-driven, focusing on quality rather than just scale [6][7] Market Dynamics and Trends - The share of inclusive micro-loans from large commercial banks has increased significantly, while that of rural financial institutions has decreased, indicating a shift in market dynamics [7] - The emphasis should be on fostering a self-organizing mechanism within financial institutions to better serve rural revitalization and agricultural development [7]