Two departments: deepen the pilot project of standardizing rural property rights transfer transactions, promote the construction and application of rural property rights transfer transactions and financing service platforms.
The People's Bank of China and the Ministry of Agriculture and Rural Affairs have issued the "Opinions on Strengthening Financial Services for Rural Reform and Promoting Comprehensive Rural Revitalization". It mentions the promotion of revitalizing rural resources and assets. It calls for the deepening of standardized pilot programs for rural property rights transfer transactions, and the promotion of the construction and application of platforms for rural property rights transfer transactions and financing services. Encouraging localities to explore establishing management systems for the certification, valuation, mortgage registration, and asset disposal of agricultural facilities and live animals, utilizing the unified registration and public notification system for movable property financing to expand mortgage financing coverage. Deepening financial services for the reform of collective forest tenure system, increasing the issuance of forest tenure mortgage loans and medium to long-term loans to forestry entities. Exploring the model of mortgage financing for rural contracted land management rights, and supporting rural collective economic organizations to engage in collective operational property equity pledge loans.
Latest