USEUROPEAFRICAASIA 中文雙語Fran?ais
    Business
    Home / Business / Macro

    Rural reforms pledged by banking watchdog chief

    By Wang Xiaotian | China Daily | Updated: 2013-06-28 08:05

    Financial services in rural areas are imbalanced and legislation is needed for more coordinated development of the sector, China's top banking regulator said on Thursday.

    Shang Fulin, chairman of the China Banking Regulatory Commission, said the watchdog will speed up reform of rural financial institutions while promoting legislation on rural financing.

    He made the pledge while giving a report to the National People's Congress Standing Committee.

    "The current rural financial system cannot provide efficient services to farmers, and the problem is especially severe in central and western regions," Shang said.

    In addition, emerging institutions, such as some rural capital cooperatives among farmers, are without regulation, the potential risks of which cannot be ignored, he said.

    "At present, we lack a mechanism that could turn idle funds into credit. Farmers generally are not financially capable enough to absorb natural risks in agricultural production, and market risks."

    Shang said some of the problems cannot be addressed by market forces and administration policies. There are urgent demands on the legislative process "especially in terms of mortgage standards, client protection and curbing capital outflows from rural areas", he said.

    In a statement issued after a meeting chaired by Premier Li Keqiang last week, the State Council, China's cabinet, called for more loans for the agricultural sector and small businesses.

    Shang said the government will strengthen reforms of rural banks, such as rural cooperatives, branches of the Agricultural Bank of China and Postal Savings Bank of China, and encourage private capital to play a bigger role in transforming the banks.

    Innovation on rural financing products and services will be promoted aggressively, while agricultural companies will be encouraged to take in funds through securities sales and issuance of bills, he said.

    Most Viewed in 24 Hours
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
     
    亚洲欧美精品综合中文字幕| 亚洲AV无码成人精品区天堂| 无码国内精品久久人妻蜜桃| 99re热这里只有精品视频中文字幕 | 国产成人亚洲综合无码| 色多多国产中文字幕在线| 国产成人无码专区| 无码专区久久综合久中文字幕| 欧美视频中文字幕| 亚洲av无码专区在线观看下载 | 亚洲A∨无码一区二区三区| 久久99中文字幕久久| 亚洲成A人片在线观看无码3D| 色窝窝无码一区二区三区成人网站| 中文成人久久久久影院免费观看| 中文字幕一精品亚洲无线一区| 97人妻无码一区二区精品免费| 亚洲AV成人无码久久精品老人| 特级做A爰片毛片免费看无码| 中文字幕精品一区二区日本| 中文字幕在线无码一区| 国产日韩精品无码区免费专区国产| 无码人妻精品一区二区三区久久久| 麻豆国产精品无码视频| 日本久久中文字幕| 久久亚洲2019中文字幕| 最近2019年中文字幕一页| 中文字幕人妻丝袜乱一区三区 | 永久无码精品三区在线4| 国产精品va无码一区二区| 亚洲AV无码一区二区乱孑伦AS | 亚洲国产精品无码久久一区二区| 中文字幕一二区| 精品人妻V?出轨中文字幕 | 久久久无码精品亚洲日韩京东传媒| 最近中文字幕完整版资源| 狠狠干中文字幕| 日韩精品一区二三区中文| 中文字幕乱码人妻综合二区三区| 欧美亚洲精品中文字幕乱码免费高清 | 久久精品天天中文字幕人妻|