Yunnan Invests Substantial Funds to Fully Support Rural Revitalization

Deep News01-18 08:32

The "14th Five-Year Plan" period is a crucial transitional phase for consolidating and expanding the achievements in poverty alleviation and effectively linking them with rural revitalization. Over the past five years, the province has resolutely implemented the decisions and deployments of the Central Committee and the work requirements of the provincial party committee and government, adhering to consistent financial support policies without reducing the intensity, while placing greater emphasis on precise investment and strict management. Efforts have been continuously made to enhance the effectiveness of policies for strengthening agriculture, benefiting farmers, and enriching rural areas, improve comprehensive agricultural production capacity and quality, and advance the construction of livable, workable, and beautiful villages, all supported by substantial financial investment.

A dual-driven approach of strong coordination and promotion of leverage has been adopted to build a diversified support structure. Implementing the requirements that "agriculture, rural areas, and farmers" work is of paramount importance and that agricultural and rural development should be prioritized, the province has secured investment guarantees through multiple channels. In terms of fiscal funds, resources from the central government and provincial, prefectural (municipal), and county (city, district) levels were coordinated, resulting in a cumulative expenditure of 457.254 billion yuan in the agriculture, forestry, and water sectors over five years. This includes 87.608 billion yuan in central government衔接 funds and 39.4 billion yuan in provincial衔接 funds, ranking first nationally in terms of provincial-level funding scale. For leveraging investments, a combination of "government, bank, guarantee, and investment" tools was used to guide and attract financial and social capital into agriculture and rural areas. Subsidy funds of 1.478 billion yuan for agricultural financing guarantees were allocated, enabling the Provincial Agricultural Guarantee Company to provide direct financing guarantees totaling 44.883 billion yuan for 150,000 projects. Furthermore, 5.62 billion yuan in agricultural insurance premium subsidies were arranged, guiding insurance institutions to offer risk protection to over 28.9 million household-farmers. A project capital injection of 3.338 billion yuan was made into provincial-level investment entities, leveraging 21.047 billion yuan in fiscal and social capital investments from various regions to participate in rural water supply security projects, injecting more vitality into rural revitalization.

Dual efforts in developing industries and promoting employment have been made to enhance endogenous development momentum. Limited fiscal resources were directed to the two critical and practical areas of industry and employment, striving to broaden farmers' income channels. On one hand, vigorous support was provided for industrial development. Taking衔接 funds as an example, the proportion of central and provincial衔接 funds allocated to industries increased from 50% and 50% in 2021 to 61.7% and 52% in 2025, respectively. In 2025, funds supporting industrial projects that connect, involve, and enrich farmers exceeded 15.2 billion yuan. Concurrently, funds were allocated to support vital areas such as seed industry revitalization, high-standard farmland construction, and agricultural technology research, consolidating the industrial foundation and enhancing the efficiency of the entire industrial chain. Industries like Zhaotong's apples and bamboo, Wenshan's pseudo-ginseng, and Baoshan's small-grain coffee have become sources of increased income and prosperity for the people. On the other hand, multiple channels for rural labor employment were promoted. Since the start of the "14th Five-Year Plan," the average annual growth rate of per capita disposable income for rural residents in the province has reached 8%, with farmers' income growth in formerly poverty-stricken counties exceeding the national and provincial averages for four consecutive years.

A dual approach of strict supervision and emphasis on performance has been implemented to improve the quality and efficiency of fund utilization. The financial departments focused on key areas and weak links in the management of agricultural-related funds, striving to enhance policy implementation effects and fund usage efficiency. In terms of management, efforts were made to establish a management mechanism for agricultural funds, ensuring daily monitoring, weekly summary analysis, and bi-weekly reporting and rectification. Direct scheduling was implemented down to the county level and projects with significant county-level funding, making project fund management specific, regular, and long-term, thereby accelerating project implementation and budget execution. Regarding performance, the performance mechanism for agricultural funds was improved, and the application of performance evaluation results was strengthened. The province took the lead nationally in conducting comprehensive regional industrial performance evaluations and carried out performance assessments for various agricultural funds, including special water conservancy funds, special funds for comprehensive rural reform, and "One County, One Industry" subsidy funds. Performance evaluation results were incorporated as a key factor in fund allocation, implementing rewards for excellence and penalties for underperformance to promote efficient fund operation. In both 2023 and 2024, the province received an 'A' grade in the national performance evaluation of衔接 funds, securing 590 million yuan in central government reward funds.

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