Implementing the strategy of rural revitalization is a key step for the CPC central committee to crack the problems concerning agriculture, rural areas and farmers, promote coordinated development between urban and rural areas, and modernize the country's governance system and capacity. Industrial vitalization is the foundation of rural vitalization and the key to accelerating high-quality development of rural economy.

The opinions of the CPC central committee and the state council on the implementation of the rural revitalization strategy put forward that "farmers should reasonably share the value-added benefits of the whole industrial chain". Financial institutions should based on supply chain financial product innovation, strengthen the whole industry chain, value chain, interests chain comprehensive financial services, promote common development of new type of agricultural management system to form a variety of subject, help solve agricultural intensive degree is not high, financial services is weak, the financing difficult financing your long-term development of the "SAN nong" problem, promote rural revitalization strategy implementation.

Agricultural supply chain finance refers to the financing method that various financial institutions provide services for agricultural products "from seed to table" by reviewing the entire agricultural supply chain and collecting the information flow, logistics, commercial flow and capital flow in the supply chain. In recent years, supply chain finance has been widely used in the field of agriculture, rural areas, and farmers. However, there are still many financial institutions with unclear understanding of supply chain finance and insufficient innovative application, which have a certain gap with the goal of serving the revitalization of rural industry.

The recent meeting of the standing committee of the hunan provincial committee of the communist party of China emphasized that "we must not relax our efforts to improve agricultural production". Under the normalization of epidemic prevention and control, we should strengthen policy guidance and support, encourage financial institutions to accelerate the innovation of supply chain financial products and services, and further improve the efficiency of supply chain financial services, so as to consolidate the agricultural foundation, maintain the supply and price of agricultural products, and ensure that our province can complete the poverty alleviation target as scheduled.

First, we will strengthen policy guidance. We will support leading agriculture-related enterprises in establishing complete agricultural supply chains, and improve the management and corporate governance of agricultural supply chains. Discount interest and reduction of interest income tax are offered to financial institutions for developing supply chain financial services for rural vitalization, and local governments are encouraged to set up a risk compensation fund for agriculture, rural areas and farmers to compensate for the risks arising from the vitalization of rural industry in supply chain financial services, so as to improve the enthusiasm of financial institutions for developing supply chain finance. Relying on the agricultural credit guarantee union, expand the content of guarantee business, provide integrated guarantee for financing of agriculture-related supply chain, and disperse the risks of supply chain financial services for rural revitalization.

Second, focus on key areas and industrial directions. Financial institutions should further clarify the focus of agriculture-related supply chain financial services, aim at the key areas and industrial orientation of agriculture, rural areas and farmers, and enhance their services in accordance with the central government's three-step rural revitalization strategy. We will vigorously support the development of modern agricultural industrial parks and demonstration parks for the integrated development of agricultural industries, and actively support emerging agricultural operating entities such as key leading enterprises, demonstration cooperatives and family farms. We will strengthen inter-bank cooperation among financial institutions, explore syndicated loans, encourage agriculture-related enterprises to connect with the multi-tiered capital market, and help eligible leading enterprises in agricultural industrialization apply for and issue special bonds for the integrated development of rural industries, so as to expand the supply of financial services. It integrates the traditional business of financial institutions to provide personalized and customized "private financial services" for various subjects in the agricultural industry chain.

Third, we will strengthen innovation in financial products and services. The regulatory authorities should allow financial institutions to carry out innovation pilot projects to break through the existing policies and guide them to explore the innovative mode of vitalization of supply chain financial services. Financial institutions should implement customized financial service model based on different links and combinations of agricultural industrial chain to promote mutual progress of finance and real economy. At the same time vigorously promote digital financial service ability, positive use of chain blocks, Internet, big data, new technologies, such as artificial intelligence, based on the agricultural industry chain of financial ecological scene, make payment, settlement, financial management and financing for the integration of online "financial ecological circle", the implementation of cross-industry, cross-regional agricultural supply chain financial service pattern.

Fourth, to strengthen agricultural supply chain financial risk prevention. We should explore the establishment of scientific customer access and rating mechanism, select the agricultural supply chain with mature and good credit as the core, strengthen compliance management, and effectively prevent systemic risks and business operation risks of the whole supply chain. We will strengthen research on state agriculture-related policies, and carry out real right registration and real right publicity in accordance with basic laws such as the contract law, the property law and the security law for businesses involving the pledge of rural collective property rights, so as to avoid risks such as inability to dispose of pledged property due to unclear ownership. We will strengthen key risk prevention and control, strengthen dynamic analysis, in-depth research, three-dimensional supervision and panoramic prediction of the agricultural industrial chain, improve mechanisms for monitoring, assessing, preventing and resolving credit risks, and improve the bottom-up risk warning system for agriculture-related supply chain finance.

Source: huasheng online