Innovation in financial poverty alleviation systems and mechanisms The People’s Bank of China is committed to doing great work in alleviating financial poverty.



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Original title: Innovative financial poverty alleviation system and mechanism The People’s Bank of China strives to do great work in alleviating financial poverty

People’s Daily Online, Beijing, February 27 (Reporter Luo Zhizhi) The official website of the People’s Bank of China reported on February 27 that the People’s Bank of China has done its best to complete a major article on poverty alleviation. financial Since the 18th National Congress of the Communist Party of China, the People’s Bank of China has consistently taken up the financial poverty alleviation work as an important task to fulfill its original mission, earnestly fulfilling the dual leadership responsibilities of poverty alleviation. financial poverty and fixed central financial unit. sharpening poverty alleviation work by focusing closely on the core strategy of “targeted poverty alleviation and targeted poverty alleviation”, innovative poverty alleviation financial systems and mechanisms have effectively promoted the continued increase in poverty alleviation. investment in financial resources, the benefit of the poor has gradually expanded has firmly supported the overall victory of the fight against poverty.

Give full play to the leading role of financial poverty alleviation and improve the policy system and organizational system of poverty alleviation for financial purposes.He has organized nearly 20 working conferences on financial poverty alleviation, conducted in-depth field research on poverty alleviation and rural revitalization, led the introduction of more than 30 financial assistance policy documents, followed improving the financial support policy system and has carefully organized and implemented. Organize banking, securities, insurance and other financial institutions to work together to build a pattern of financial poverty alleviation and do everything possible to promote financial services in villages and households. Since 2016, a total of nearly 3 trillion yuan in loans for the poor and 4 trillion yuan in industry-oriented poverty alleviation loans have been provided, supporting more than 90 million people in need. of poverty.

Comprehensive use of monetary policy tools to improve poverty alleviation and development capacities of financial institutions.Implement a differentiated deposit reserve ratio policy, create and improve refinancing for poverty alleviation, guide financial institutions to expand credit to poor areas and reduce financing costs in poor areas. Innovate two monetary policy tools that directly reach the real economy, promote banks to handle deferred repayment of corporate loans and inclusive credit loans for small and micro enterprises, support poverty-stricken areas to stabilize businesses and guarantee supply, resume work and resume production, and stimulate the vitality of market entities.

Focus on deeply impoverished areas and strengthen innovation in financial products and services.Instruct financial institutions to prioritize new credit funds to meet the needs of deeply impoverished areas and to prioritize new financial services in deeply impoverished areas. Increase the implementation of guaranteed loans for entrepreneurship, student loans and microfinance for poverty alleviation. It innovatively launched special financial bonds for poverty alleviation and relocation, and issued a total of 193.9 billion yuan to provide comprehensive financial services for poverty alleviation and relocation. Coordinate and do a good job of sharing accurate financial information on poverty alleviation, special statistics, and policy effect evaluation to ensure that financial products and services are accurate and effective.

Optimize the financial green environment in poverty-stricken areas and promote sustainable financial poverty alleviation.Energetically develop inclusive finance, advance the construction of payment services and credit systems, carry out in-depth activities to popularize financial knowledge, and improve financial literacy and risk awareness of people in poverty-stricken areas. Adhere to financial support and risk prevention, focus on the construction of financial poverty alleviation, and strictly prevent and control risks in the field of financial poverty alleviation. The coverage rate of payment services in administrative regions at the village level in poor areas reached 99.7%, and credit files have been established for almost 190 million rural households throughout the country.

We will enhance targeted poverty alleviation work and create a “demonstration field” for targeted financial poverty alleviation.Leading 22 financial institutions in targeted poverty alleviation, giving full play to the leading role of party-building, meticulously providing targeted financial poverty alleviation assistance in Yintai District and Yijun County, Tongchuan City , Shaanxi province, and exploring replicable training and expandable experience. The People’s Bank of China has been rated “good” first grade in the fixed-point poverty alleviation assessment for three consecutive years. Since 2016, the People’s Bank of China and 22 central financial institutions have invested and introduced nearly 7 billion yuan in poverty alleviation funds.

It is worth noting that on the morning of February 25, the National Poverty Alleviation Summary and Commendation Conference was held in the Great Hall of the People in Beijing. Two collectives were congratulated, including the Credit Policy Management Office of the Financial Markets Department of the People’s Bank of China, and three people, including Comrade Hou Yali, president of the agency’s union. In addition, the “Financial Oriented Poverty Alleviation Office of the Xizong Autonomous Region” established in the Lhasa Central Branch of the People’s Bank of China also received advanced collective recognition.

In the next step, the People’s Bank of China will continue to implement the purpose of financial services for the people, effectively consolidate and expand the achievements of poverty alleviation, and effectively connect various tasks with rural revitalization financial services, maintain the overall stability of financial assistance policies and support the foundation for more stable and effective poverty alleviation. More sustainable.Return to Sohu to see more

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