Wang Qishan: Financial Support For Agriculture Must Not Be Weakened.

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In the financial reform and development, we should innovate the organizational system, improve the rural financial system, and better support and serve the agriculture, rural areas and farmers.

Finance

At the symposium, Wang Qishan listened carefully to the statements made by the Agricultural Bank of China (601288) and the representatives of rural financial institutions in Shaanxi and Gansu.

He said that solving the "three rural issues" is the most important task of the whole Party and the whole country.

Along with the implementation of a series of policies on agriculture and agriculture benefiting from the central and local governments, the rural economy has developed healthily and rapidly. This has provided new opportunities for rural financial development and raised higher requirements for rural financial services.

In the face of the need for "three rural" work during the opening year of 12th Five-Year, under the current monetary policy from moderate easing to steady, financial support for agriculture must not be weakened, and agricultural credit must not be reduced.

To fundamentally enhance the ability of financial services to "agriculture, rural areas and farmers", we must keep pace with the times. We should not only play the role of market mechanism, but also strengthen policy integration so as to form a supportive force.

Rural credit cooperatives should be the main force in supporting agriculture.

The Agricultural Bank should deepen the reform of the "three rural" financial departments.

Agricultural Development Bank, postal savings bank, rural commercial bank, village bank, small loan company and so on should actively promote reform and innovation, and enhance the level of serving the "three rural issues".

Wang Qishan

It is pointed out that rural finance has developed rapidly and changed greatly in recent years, but rural financial services are still relatively weak in general.

We must strengthen our confidence, adjust the local conditions, scientifically and rationally lay out the rural financial network, and take a connotative and intensive development path.

We should handle well the relationship between supporting agriculture services and their own development, supervision and innovation, and guard against the bottom line of systematic and regional financial risks.