Core Viewpoint - The Yunnan Provincial Government has issued a special action plan to support private enterprises in the financial sector, focusing on agricultural insurance and export credit insurance to mitigate risks and enhance market opportunities for private businesses [1] Group 1: Agricultural Insurance - The plan aims to expand the coverage of agricultural insurance by increasing product variety and improving standards, specifically targeting the characteristics and needs of agricultural private enterprises [1] - There is a strong emphasis on developing insurance for local advantageous specialty agricultural products and livestock, enhancing the precision of underwriting and claims in agricultural insurance [1] Group 2: Export Credit Insurance - The initiative seeks to steadily expand the coverage of export credit insurance to help private enterprises reduce export risks and explore international markets [1] - It includes deepening cooperation between banks and insurance companies to provide trade financing services under credit insurance, thereby mitigating risks associated with policies [1] Group 3: Insurance for Small and Micro Enterprises - The plan also focuses on developing insurance products suitable for small and micro private enterprises, individual businesses, and new agricultural operators, including accident insurance, health insurance, pension insurance, and term life insurance [1]

Core Viewpoint - The National Financial Supervision Administration and the People's Bank of China have jointly released an implementation plan aimed at promoting high-quality development of inclusive finance in the banking and insurance sectors, focusing on local agricultural insurance and insurance products tailored for small and micro enterprises [1] Group 1: Agricultural Insurance Development - The implementation plan emphasizes the need to develop local advantageous and characteristic agricultural product insurance, including farmland insurance, housing insurance for farmers, and agricultural machinery insurance [1] - A multi-tiered agricultural insurance product system is to be established to better serve the agricultural sector [1] Group 2: Insurance for Small and Micro Enterprises - The plan calls for the development and promotion of property insurance, liability insurance, and export credit insurance that cater to the needs of small and micro enterprises [1] - The objective is to enhance the risk prevention capabilities of small and micro enterprises in various aspects such as production operations, technological innovation, disaster response, cargo transportation, and exploring overseas markets [1]