The People's Bank of China, the Ministry of Agriculture and Rural Affairs, and the Financial Regulatory Bureau held a joint meeting on promoting the financial services for Rural Revitalization. The meeting required to strengthen the use of MMF policy tools such as re-loaning, rediscounting, and deposit reserve ratios to support agriculture and small businesses. Strengthen the coordination of financial policies with industry and fiscal policies, and effectively utilize the financing enhancement and risk-sharing roles of government financing guarantee Institutions. Enhance the construction of talent teams and quickly cultivate a workforce that understands both finance and the "three rural issues". Promote the sharing and utilization of agricultural-related information, accelerate the construction and application of rural property Trade and financing service platforms, and build a precise connection bridge between banks and enterprises. Strengthen the monitoring of credit risk in the agricultural sector, reinforce the regulation of agricultural-related Crediting behaviors, ensure thorough checks on loans, and improve the efficiency of financial fund utilization. Crack down on illegal financial activities in rural areas, prevent risks in the Rural Financial sector, and create a good rural financial environment.
三部门:要强化支农支小再贷款、再贴现、存款准备金率等货币政策工具运用
Three departments: It is necessary to strengthen the use of MMF policy tools such as re-loaning, rediscounting, and deposit reserve ratios to support agriculture and small businesses.
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