This year, Linshu County in Shandong Province has continued to deepen inclusive finance reforms, vigorously promote financial innovation, and fully leverage the roles of credit, guarantees, digital empowerment, and mechanism innovation to provide strong financial support for rural revitalization.
Precise "blood transfusion" to solve financing difficulties. Through 10 government-finance-enterprise docking activities, Linshu County sorted out three demand lists for "manufacturing, agriculture, and small and micro enterprises," providing precise services to 82 enterprises with financing of 380 million yuan. The county also held "Financial Direct Access to Grassroots Acceleration" activities, facilitating bank-enterprise signings worth 22.83 billion yuan.
Implementing guarantee "leverage" to amplify capital leverage. Leveraging the leading effect of state-owned guarantee groups, the county actively provides policy credit guarantee support for the integrated development of primary, secondary, and tertiary industries as well as new agricultural business models. As of the end of June, Linyi Small and Medium Enterprise Financing Guarantee Company added 494 million yuan in new guarantee amounts in Linshu, with outstanding guarantees of 1.062 billion yuan.
Adhering to digital "empowerment" to smooth service channels. The county-level "Rongyitong" platform brings together 85 financial institutions, launching 90 exclusive products including "Rural Revitalization·Fenghe Agricultural Loan," attracting 960 enterprises, 1,341 individual businesses, and 156 new agricultural entities to settle in. Successfully granting 1,912 credit lines with a total amount exceeding 7.7 billion yuan, achieving convenient financing with just a fingertip touch.
Promoting credit "monetization" to cultivate fertile ground for integrity. Deepening the multi-level credit system construction of "credit households, credit villages, and credit towns," improving credit evaluation mechanisms, expanding credit rating coverage, and reducing financing costs through credit enhancement. Relying on mechanisms such as ICBC's "Strong Village Loan," Rural Commercial Bank's "Whole Village Credit," and Minfeng Village Bank's "Sunshine Credit," the county promotes whole-village credit construction. Based on township characteristic industries and focusing on "one town, one product" industrial layout, targeted whole-town credit granting is conducted for characteristic industries, further improving rural credit and financing environments.
Focusing on the "Four Geese" project to activate key forces. Closely connecting with rural talent revitalization, focusing on the four groups of "leading geese, returning geese, swan geese, and geese formations," the county compiled special financial policy compilations and customized "financial services" to help all "four geese" soar together.
Centering on mechanism innovation to cultivate industrial chains. Guiding financial institutions to promote mechanism innovation and carry out the "Double One Project," namely assigning "lead banks" to key projects and organizing "service teams" for enterprises to provide full life-cycle support. Organizing financial counseling teams to sink to the front lines, delivering financial services to doorsteps and connecting the "last mile" of financial services.
From precise drip irrigation to digital inclusion, from credit foundation to industrial empowerment, Linshu County is using a set of financial "combination punches" to open up the "bloodstream" of rural revitalization. As tens of billions of funds flow and surge in rural fields, and as "Blueberry Loans" bloom and bear fruit at fingertips, a magnificent picture of financial "living water" nourishing thousands of villages and households is gradually unfolding on both sides of the Shu River.
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