Core Insights - The article highlights the transformation of Tongxin County in Ningxia into a significant producer of traditional Chinese medicinal herbs, particularly silver root and yellow gentian, which has improved local farmers' incomes and created job opportunities [1][2]. Industry Development - Tongxin County has developed 39,000 acres of medicinal herb cultivation, with silver root being the only major production area in China, recognized by the Ministry of Agriculture and Rural Affairs [2]. - The county has established a "base + cooperative + farmer + financial institution" model to enhance the medicinal herb industry, turning previously barren land into productive agricultural areas [1][3]. Financial Support - Local banks have introduced specialized credit products for the medicinal herb sector, addressing the financing challenges faced by small and micro enterprises [3]. - As of June this year, financial institutions in Tongxin County have issued 2.56 billion yuan in agricultural loans, with 22.79 million yuan specifically for medicinal herbs [1]. Employment and Income Generation - The cooperative model has significantly improved farmers' livelihoods, with an average annual income increase of 6,000 yuan per household through participation in herb cultivation [4]. - The county expects to harvest medicinal herbs from 7,600 acres this year, generating a total output value of 41.04 million yuan [4].

Core Viewpoint - Ningxia's Tongxin County has transformed its arid land into a modern agricultural hub through financial empowerment, ecological construction, and technological development, showcasing a model for rural revitalization in drought-prone areas [1] Financial Support for Agriculture - The People's Bank of China Tongxin Branch has focused on supporting agricultural development, with agricultural loan balances reaching 16.12 billion yuan, a year-on-year increase of 14.8% as of April 2025 [1] - The county has issued 2.3 billion yuan in seed loans, benefiting 16,000 households [2] Agricultural Industry Structure Optimization - Financial institutions are innovating credit products to support the adjustment of agricultural industry structures, with a focus on creating a distinctive agricultural system [2] - The area dedicated to traditional Chinese medicine has reached 39,000 acres, with Tongxin Silver Chaihu recognized as the sole production area in the country [2] Technological Integration in Agriculture - The county is promoting efficient water-saving irrigation and has provided 565 million yuan in loans to support the construction of high-standard farmland and modern irrigation projects, resulting in significant water savings and economic benefits [3] - The introduction of "water-saving loans" has facilitated a shift from traditional farming to smart agriculture [3] New Agricultural Business Models - A service mechanism linking new agricultural entities with designated banks has been established, leading to a 19% year-on-year increase in small loans for agricultural support, totaling 1.55 billion yuan [4] - The county has fostered three industry alliances, enhancing collective development among villages [4] Collaboration with Private Enterprises - The People's Bank of China has guided private enterprises to collaborate with local villages, resulting in investments in various agricultural projects and increasing collective income [5] - The beef market has shown signs of recovery, with wholesale prices rising significantly, leading to a 16.5% increase in beef farming loans [5][6] Infrastructure Development in Agriculture - The county has issued 2.48 billion yuan in loans for facility agriculture, supporting the construction of over 1,600 greenhouses [6] - The establishment of an expert studio for high-value crops has led to significant advancements in local agricultural practices [7]