Focusing on the "Million and Ten Thousand Project" and Guangdong's New Policies
2023-12-12
Since the second plenary session of the 13th Guangdong Provincial Party Committee, Guangdong has deeply implemented the "Hundred Counties, Thousand Towns, and Ten Thousand Villages High Quality Development Project" (hereinafter referred to as the "Million and Ten Million Project"), and has comprehensively promoted it as the number one project to promote high-quality development. On December 7th, Guangdong issued the Implementation Plan for Promoting Coordinated Development of Urban and Rural Regions through Financial Support for the "High Quality Development Project of Hundred Counties, Thousand Towns, and Ten Thousand Villages" (hereinafter referred to as the "Implementation Plan"), which requires full play to the role of financial resource elements in ensuring financial support and fully promoting the implementation of the "Million and Ten Million Project" in counties, towns, and villages. The Implementation Plan proposes financial service goals for each stage in 2023, 2025, 2027, and 2035, and proposes 24 specific measures from four aspects: improving the adaptability of financial supply in counties, towns, and villages, fully ensuring the financial demand in key areas, strengthening supporting measures, and improving work mechanisms. Establishing a sound financial support policy and measure system for the "Million and Ten Million Project". Finance is the lifeblood of the national economy and an important component of a country's core competitiveness. The Central Financial Working Conference held in Beijing from October 30 to 31 called for accelerating the construction of a financial power, comprehensively strengthening financial supervision, improving the financial system, optimizing financial services, preventing and resolving risks, unswervingly following the path of financial development with Chinese characteristics, promoting high-quality financial development in China, and providing strong support for comprehensively promoting the construction of a powerful country and national rejuvenation with Chinese path to modernization. To promote the continuous deepening of the "Million and Ten Thousand Project", it is necessary to strengthen financial support. The Decision of the Guangdong Provincial Committee of the Communist Party of China on Implementing the "High Quality Development Project of Hundred Counties, Thousand Towns, and Ten Thousand Villages" to Promote Coordinated Development of Urban and Rural Regions (hereinafter referred to as the "Decision") passed at the Second Plenary Session of the Thirteenth Provincial Committee of the Communist Party of China clearly proposes the construction of a county-level credit system and the construction of public infrastructure for inclusive finance. Innovate financial products that serve agriculture, guide county-level local legal person financial institutions to allocate more funds to support local development, and explore new types of rural cooperative finance that are in line with rural realities. The Decision also requires "strengthening policy support", and "relevant provincial units should formulate supporting policies for industries, commerce, talent, science and technology, land, ecological protection, finance, and people's livelihood security in accordance with this Decision.". The issuance of the Implementation Plan this time is precisely a specific measure to implement the deployment of the Decision. The Implementation Plan requires the establishment and improvement of a sound policy and measure system for financial support for the "Ten Million Project", promoting further tilt of financial resources towards counties, towns and villages, further sinking of financial services towards counties, towns and villages, and further gathering of financial talents towards counties, towns and villages. This will play a role, contribute, and demonstrate responsibility in solving the problem of imbalanced urban-rural regional development and serving the high-quality development of the whole province. The Implementation Plan puts forward the overall objective requirements of "centering on the goal and task of the" Ten Million Project ", promoting the continuous improvement of the financial service system and mechanism, more balanced allocation of financial resources, continuous improvement of the quality and efficiency of financial services, and promoting the practice of Chinese path to modernization with high-quality financial development", and centering on agricultural loans, agricultural insurance depth, county loans, county deposit loan ratio Quantitative targets such as the number of enterprises listed on the Guangdong Rural Revitalization Board are proposed for 2023, 2025, and 2027, respectively
Edit：Hu Sen Ming Responsible editor：Li Xi
Source：GD TODAY
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