Core Insights - The article discusses the financial support and recovery efforts following the 6.2 magnitude earthquake in Jishishan County, Gansu Province, which caused an estimated economic loss of approximately 14.61 billion yuan [1] - The focus has shifted from immediate disaster relief to sustainable development, with financial policies evolving to support industry cultivation and job creation [2] Financial Support Mechanisms - The People's Bank of China (PBOC) in Linxia Prefecture has implemented a "reconstruction + revitalization" dual-driven financial service mechanism, emphasizing low financing costs and risk control [2] - As of June 2025, the PBOC has issued 1.049 billion yuan in relending to financial institutions in Jishishan County, facilitating the launch of specialized products like "Industry Revitalization Loans" and "Skills Training Loans" [2] - The total agricultural loan balance in the county reached 5.663 billion yuan, with an increase of 503 million yuan since the beginning of the year [2] Impact on Local Economy - The Qingfeng Medicinal Material Cooperative, benefiting from the "Industry Revitalization Loan," has recovered production and increased household income by an average of 5,300 yuan for 59 families [3] - The county has cultivated 248,400 acres of specialty crops, improved housing conditions for nearly 40,000 households, and supported the establishment of 6 new industrial enterprises and 15 commercial enterprises [3] - Financial institutions have issued a total of 3.787 billion yuan in loans for disaster recovery, with the Agricultural Bank of China contributing 304 million yuan to support 3,207 affected households [5] Financial Institutions' Role - The Jishishan Rural Credit Cooperative has issued 30,093 loans totaling 3.787 billion yuan, making it the leading financial institution in disaster recovery loans [4] - The Agricultural Bank of China has introduced innovative products like "Post-Disaster Industry Revitalization Loans," providing 164 million yuan to 1,794 cooperatives and small businesses [5] - Overall, the county's financial institutions have a total loan balance of 8.408 billion yuan, reflecting an increase of 717 million yuan since the beginning of the year [6] Economic Recovery Indicators - In the first half of the year, the county's GDP reached 948 million yuan, with a year-on-year growth of 3.4% [6] - Livestock output increased by 2.1% for cattle and 1.3% for sheep, while rural residents' per capita disposable income grew by 6.8% and urban residents' by 5.6% [6] - The PBOC plans to continue guiding financial institutions to implement favorable policies and enhance credit services for disaster recovery and industry revitalization [6]