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2026-02-14 11:45:20
[Four Departments Including the People's Bank of China: Improve the Long-Term Mechanism for Development-Oriented Financial Assistance to Key Groups and Adjust and Optimize Microcredit for the Impoverished Population] The People's Bank of China, the State Financial Regulatory Commission, the China Securities Regulatory Commission, and the Ministry of Agriculture and Rural Affairs jointly issued the "Opinions on Coordinating the Establishment of a Regular Financial Support Mechanism to Help Prevent Return to Poverty and Promote the Comprehensive Revitalization of Rural Areas." The Opinions propose to improve the long-term mechanism for development-oriented financial assistance to key groups, adjust and optimize microcredit for the impoverished population, improve policies for small-scale credit loans to farmers, and provide regular support for those preventing return to poverty. It also emphasizes leveraging the role of finance in supporting industrial development, encouraging financial institutions to develop loans for distinctive and advantageous industries, and allowing eligible regions to increase the upper limit of guaranteed loans for entrepreneurship. Furthermore, it calls for establishing a tiered and categorized financial support mechanism for underdeveloped areas, prioritizing new financial funds and financial services for key counties supporting rural revitalization. Finally, it emphasizes increasing the allocation of financial resources to ethnic minority areas, old revolutionary base areas, and border areas.
