Promoting industrial poverty alleviation
Original, Yearbook of China's Poverty Alleviation and Development, 06-15-2016
According to the yearbook of China's Poverty Alleviation and Development, China needs to promote the cooperation with the financial sector.
In April, we drafted the “Framework Agreement” on financial cooperation in poverty reduction between LGOP and China Development Bank, and issued the “Guiding Opinions on Deepening Financial Cooperation in the Field of Poverty Reduction” (Guo Kai Ban Fa No. [2013] 27) jointly with the Export-import Bank of China to address the difficulties for poverty alleviation leading enterprises and poor rural households to get loans.
From May 14 to 15, the “National Conference on Sharing the Experience of Poverty Alleviation by Development-oriented Finance” was jointly held by LGOP and China Development Bank in Tongren City, Guizhou Province. The event aimed at spreading the successful experience of poverty alleviation and development supported by development-oriented finance in Guizhou Province to 21 provinces, municipalities and autonomous regions nationwide.
The meeting proposed to link bank financial capital and the development needs of poverty alleviation industry in poor areas with financial poverty-relief funds, according to the “leverage” principle, encourage the investment of financial capital in impoverished regions and effectively guide and absorb financial capital and social funds to be invested in poverty alleviation and development in impoverished areas.
Original, Yearbook of China's Poverty Alleviation and Development, 06-15-2016
According to the yearbook of China's Poverty Alleviation and Development, China needs to promote the cooperation with the financial sector.
In April, we drafted the “Framework Agreement” on financial cooperation in poverty reduction between LGOP and China Development Bank, and issued the “Guiding Opinions on Deepening Financial Cooperation in the Field of Poverty Reduction” (Guo Kai Ban Fa No. [2013] 27) jointly with the Export-import Bank of China to address the difficulties for poverty alleviation leading enterprises and poor rural households to get loans.
From May 14 to 15, the “National Conference on Sharing the Experience of Poverty Alleviation by Development-oriented Finance” was jointly held by LGOP and China Development Bank in Tongren City, Guizhou Province. The event aimed at spreading the successful experience of poverty alleviation and development supported by development-oriented finance in Guizhou Province to 21 provinces, municipalities and autonomous regions nationwide.
The meeting proposed to link bank financial capital and the development needs of poverty alleviation industry in poor areas with financial poverty-relief funds, according to the “leverage” principle, encourage the investment of financial capital in impoverished regions and effectively guide and absorb financial capital and social funds to be invested in poverty alleviation and development in impoverished areas.
