Financial support to agriculture is the main driving force to increase farmers＇ income. This paper applied the evaluation DEA （Data-embrasing Analysis） method to evaluate the effectiveness of financial support to a...Financial support to agriculture is the main driving force to increase farmers＇ income. This paper applied the evaluation DEA （Data-embrasing Analysis） method to evaluate the effectiveness of financial support to agriculture from 1990 to 2005. It is found that the trend of the financial support to agricultural effectiveness in China presented a downward trend in recent years. The results showed that the overall trend of the financial support to agriculture in China wasn＇t high, and some corresponding proposals were put forward to optimized.展开更多
The agricultural industry development in China has been very successful, but there exist some problems, such as weak financial support strength. With the help of DEA-Malmquist index method, this paper evaluated the ef...The agricultural industry development in China has been very successful, but there exist some problems, such as weak financial support strength. With the help of DEA-Malmquist index method, this paper evaluated the efficiency of the agricultural industrialization＇s financial supports, made a deep study of its influencing factors, which have an extremely important influence on the perfect agricultural industrialization＇s development.展开更多
In the paper,the status quo of the development of farmers' cooperative organizations in Yunnan Province is introduced.And then a series of problems exist in the financial support of farmers' cooperatives in Yu...In the paper,the status quo of the development of farmers' cooperative organizations in Yunnan Province is introduced.And then a series of problems exist in the financial support of farmers' cooperatives in Yunnan is analyzed,covering the unitary mainstay of credit and loan supply;inadequate credit and loan supply caused by famers' lack of security and mortgage;farmers' difficulties in loaning from banks or other financial institutions;single financial service,which can not satisfy the demands of farmers;the private loans are active while lacks right direction and guide;the outflow of capital in rural areas has limited the development of rural economy.In view of the above mentioned problems,countermeasures and relevant suggestions are put forward,namely increasing the subjects of the loan and credit supply and expanding the financing channels.Therefore,the spheres of business of the Agricultural Development Bank of China should be expanded.Besides,the support from Agricultural Bank of China for rural construction should be strengthened and the major role played by rural credit cooperatives in rural finance should be enforced.In addition,the innovation of financial products should be highlighted;the appearance of private financing should be allowed;financial support from the government should be increased and the preferential policies for taxes and fees should be implemented.展开更多
Both the escape from the predicament of traditional financial support in rural areas and the cultivation of new types of agricultural management entities underlie,at a micro level,the improvement of a new-type of agri...Both the escape from the predicament of traditional financial support in rural areas and the cultivation of new types of agricultural management entities underlie,at a micro level,the improvement of a new-type of agricultural management system,and offer an important guarantee for the implementation of a rural revitalization strategy.In reference to the demands of carrying out reform,activating factors,invigorating entities and stimulating markets during the implementation of this rural revitalization strategy,we are applying a financing preference theory that infers and analyzes the excessive preference for new-type agricultural management entities(family farms,specialized farmer cooperatives,specialized large family farms,and modern agricultural enterprises)regarding government subsidies(quasi-equity financing).Our analysis has identified crucial factors in the issue and predicts that government subsidies(quasi-equity financing)will crowd out financial support funding(quasi-debt financing),and we offer empirical proof obtained through statistical modeling.As our results indicate,financing costs,free cash flows,and the perceived income adequacy(PIA)of new-type agricultural management entities all have significant influence upon decision-making for debt financing by such entities.Therefore,with the concrete contents of the formulation of policies concerning the financial support for rural agricultural strategy,one not only needs to consider the further decrease of financing costs,but also should take into account both the designing of cash flow mechanism in the process of paying both principal and interest,and the improvement of bankruptcy rules for agricultural management entities to accelerate the transformation of family farms,specialized farmer cooperatives,and specialized large family farms,towards modern agricultural enterprises.Meanwhile,upgrades to the supply chains of the agriculture industry,improvements to the construction of the rural financial information system,building an accounting system that meets the requirements of the rural revitalization strategy,and giving full play to the policies for financial support,which assume an important role in activating factors and markets during the implementation of the rural revitalization strategy,are also anticipated.展开更多
The new rural reconstruction in China cannot develop without financial support. At present, the limitations on rural finance supply constitute one of the bottlenecks in the ＂Three Nongs＂ （agriculture, countryside a...The new rural reconstruction in China cannot develop without financial support. At present, the limitations on rural finance supply constitute one of the bottlenecks in the ＂Three Nongs＂ （agriculture, countryside and farmers） problems. The paper starts from the present situation, analyses the reasons why rural finance has current difficulties and puts forward proposals for policy reform.展开更多
The cpc＇s 13th Five-Year comprehensive plan put forward a major historic task of building a new socialist countryside. This is the comprehensive implementation of urban and rural development to increase industrial ag...The cpc＇s 13th Five-Year comprehensive plan put forward a major historic task of building a new socialist countryside. This is the comprehensive implementation of urban and rural development to increase industrial agriculture, move the city to support the countryside, accelerate urbanization and narrow the gap between urban and rural areas. To solve the ＂three rural issues＂, the comprehensive construction ofa well-offsociety, has a very important strategic role to ease the contradiction of China＇s rural and urban ecnomic structure. In the process of building a new socialist countryside, the financial policy, as an important means ofmacroeconomic regulation and control, should play a leading role in solving the effective allocation ＆funds. Due to various factors affected by the current supply of rural financial market constraints, system defects and environmental constraints, there is a large gap between the level of the existing rural financial services and the requirements of the new rural construction which is to be improved urgently.展开更多
As it is known to all,the new energy industry plays an important in the economic transformation and structure adjustment of our country.The government attaches great importance to the development of the new energy ind...As it is known to all,the new energy industry plays an important in the economic transformation and structure adjustment of our country.The government attaches great importance to the development of the new energy industry.Particularly for the developing countries,to achieve rapid development require a lot of capital.However,there are some problems with finance in the development of the new energy industry.Based on the analysis,this paper puts forward some countermeasures.展开更多
The report from the 20th National Congress of China emphasizes the importance of focusing on the clean,low-carbon,and efficient use of energy,increasing financial support,and promoting green upgrading within the indus...The report from the 20th National Congress of China emphasizes the importance of focusing on the clean,low-carbon,and efficient use of energy,increasing financial support,and promoting green upgrading within the industrial sector.This paper,based on annual data,employs the entropy weight method to construct a comprehensive index reflecting the impact of green upgrading in industrial sectors.To delve deeper,it utilizes the DEA model to measure energy efficiency and its subdivision BCC model to break down energy efficiency into technical and scale efficiency.The financial support landscape is examined from the vantage points of both direct and indirect financing.Using a multivariate time series model,this paper thoroughly investigates the influence of energy efficiency and financial support on the green upgrading of the industrial sector.The findings reveal a significant positive impact of both energy efficiency and financial support on green upgrading in industrial industries.Notably,scale efficiency emerges as the primary driver of energy efficiency.Moreover,indirect financing proves to be more effective in promoting financial support than direct financing.The empirical results retain their robustness even after substituting explanatory variables.The study concludes by contextualizing the research findings within the current real-world scenario,offering practical insights,and proposing specific recommendations.展开更多
Background:The World Health Organization's End Tuberculosis Strategy states that no tuberculosis(TB)-affected households should endure catastrophic costs due to TB.To achieve this target,it is essential to provide...Background:The World Health Organization's End Tuberculosis Strategy states that no tuberculosis(TB)-affected households should endure catastrophic costs due to TB.To achieve this target,it is essential to provide adequate social protection.As only a few studies in many countries have evaluated social-protection programs to determine whether the target is being reached,we assessed the effect of financial support on reducing the incidence of catastrophic costs due to TB in Indonesia.Methods:From July to Septem ber 2016,we interviewed adult patients receiving treatment for TB in 19 primary health centres in urban,sub-urban and rural area of Indonesia,and those receiving multidrug-resistant(MDR)TB treatment in an Indonesian national referral hospital.Based on the needs assessment,we developed eight scenarios for financial support.We assessed the effect of each simulated scenario by measuring reductions in the incidence of catastrophic costs.Results:We analysed data of 282 TB and 64 MDR-TB patients.The incidences of catastrophic costs in affected households were 36 and 83%,respectively.Patients'primary needs for social protection were financial support to cover costs related to income loss,transportation,and food supplements.The optimum scenario,in which financial support would be provided for these three items,would reduce the respective incidences of catastrophic costs in TB and MDR-TB-affected households to 11 and 23%.The patients experiencing catastrophic costs in this scenario would,however,have to pay high rem aining costs(median of USD 910;[interquartile range(IQR)662]in the TB group,and USD 2613;[IQR 3442]in the MDR-TB group).Conclusions:Indonesia's current level of social protection is not sufficient to mitigate the socioeconom ic im pact of TB.Financial support for income loss,transportation costs,and food-supplem ent costs will substantially reduce the incidence of catastrophic costs,but financial support alone will not be sufficient to achieve the target of 0%TBaffected households facing catastrophic costs.This would require innovative social-protection policies and higher levels of dom estic and external funding.展开更多
The"three rural"issues have always been an important and prominent issue in China's economy and society.The"No.1 Document"of the central government of China over the years has all stressed this...The"three rural"issues have always been an important and prominent issue in China's economy and society.The"No.1 Document"of the central government of China over the years has all stressed this field.The state has also undertaken various economic policies to increase the income of rural residents,support agricultural development,and improve rural infrastructure construction.Among the various policies,financial support for agriculture is a frequently used macroeconomic policy.Based on the IS-LM model,this paper analyzed the effects of financial policy for supporting agriculture on the IS-LM model,discussed the specific role of the financial policy,in order to provide a certain reference for the government to better use financial policy to support the agriculture.展开更多
In 2009, China’s enterprises face grim challenges both from the inside and outside. Amid a sluggish market and plummeting demand, Chinese enterprises are suffering from financial strain and operational difficulties. ...In 2009, China’s enterprises face grim challenges both from the inside and outside. Amid a sluggish market and plummeting demand, Chinese enterprises are suffering from financial strain and operational difficulties. In order to expand financing channels and establish a financing platform for enterprises, the China Enterprise Development Finance Summit was held on June 27-28 in Beijing. The summit was sponsored by the Research Institute under the Ministry of Commerce in conjunction with other government departments, commercial banks, private equity firms and venture capital funds. In response to the financing difficulties of small and mediumsized enterprises (SMEs), bankers presented their own opinions at the summit. The address of Liu Wenfa from the National Development Bank, Lei Jia from the Cooperative Finance Supervision Department at the China Banking Regulatory Commission (CBRC) and He Ning from Morgan Stanley Bank International (China) Ltd. won wide recognition among the attendees.展开更多
On the basis of economic data from 1978 to 2006,the co-integration theory is applied to discuss the relation between agricultural financial investment and farmers' income.The statistic AR model is obtained.Then,it...On the basis of economic data from 1978 to 2006,the co-integration theory is applied to discuss the relation between agricultural financial investment and farmers' income.The statistic AR model is obtained.Then,it makes pulse response analysis in combination with principle of pulse response analysis.The regression results show that support in agricultural production,various agricultural operating expenses and three types of costs for agricultural science and technology are favorable to farmers' income,while expenditure in agricultural capital construction and rural relief costs hinder increase of farmers' income.The results of pulse response analysis indicate that the change in support of agricultural production and various agricultural operating expenses have positive impact on farmers' net income,and the impact is greater and greater from the second year;the response of expenditure in agricultural capital construction and rural relief cost is positive in the beginning and starts to fluctuate from the third year;the pulse response of three types of costs for agricultural science and technology is negative,lasts about five periods,and then turns to positive impact.Finally,combining characteristics of China's financial support for agriculture,it concludes that the scale,proportion and structure of financial support for agriculture are quite improper.展开更多
The implementation of China's rural revitalization strategy will surely release a huge financial demand in rural areas.How to use the petty credit loan in rural financial institutions to develop rural economy is a...The implementation of China's rural revitalization strategy will surely release a huge financial demand in rural areas.How to use the petty credit loan in rural financial institutions to develop rural economy is an effective way to implement the rural revitalization strategy.This paper first analyzes the significance of petty credit loan in rural financial institutions for rural revitalization strategy,then introduces the remarkable contribution of petty credit loan in China's rural financial institutions to actively solving the problems of farmers about difficult financing and expensive financing and elaborates on the main problems of petty credit loan business in rural financial institutions that still exist in the process of supporting rural revitalization,and finally gives several suggestions on solving the problems about the financing of farmers and the development of petty credit loan business in rural financial institutions.展开更多
Pharmaceutical technology innovation process needs a lot of human, material and financial support, so the government must give full play to its financial support function. Specifically, the government should improve t...Pharmaceutical technology innovation process needs a lot of human, material and financial support, so the government must give full play to its financial support function. Specifically, the government should improve the fund investment mechanism of the pharmaceutical industry, improve the financial investment management system of pharmaceutical technology innovation, strengthen the function and mechanism of the capital market, improve the risk investment system, focus on cultivating a good credit environment, and increase the support of national policy-based financial institutions. Through direct investment, financial subsidies, tax incentives and low-interest financing and other means, vigorously promote the improvement of pharmaceutical innovation capacity.展开更多
Title Page The title page(page 1,do not number)should contain these elements:(a)full title;(b)Each authors'names,academic degrees,and affiliations(if Chinese,give standard English version);(c)the designated corres...Title Page The title page(page 1,do not number)should contain these elements:(a)full title;(b)Each authors'names,academic degrees,and affiliations(if Chinese,give standard English version);(c)the designated corresponding author's name,mailing address,telephone and fax numbers,and e-mail address;(d)source(s)of financial support of the study;(e)the total word count of the manuscript,including the title page,abstract,text,references,tables,and figures legends.展开更多
Title Page The title page(page 1,do not number)should contain these elements:(a)full title;(b)Each authors’names,academic degrees,and affiliations(if Chinese,give standard English version);(c)the designated correspon...Title Page The title page(page 1,do not number)should contain these elements:(a)full title;(b)Each authors’names,academic degrees,and affiliations(if Chinese,give standard English version);(c)the designated corresponding author's name,mailing address,telephone and fax numbers,and e-mail address;(d)source(s)of financial support of the study;(e)the total word count of the manuscript,including the title page,abstract,text,references,tables,and figures legends.展开更多
Taking its advantages as a state-owned financial institution,the Bank of China Shanghai Branch has formulated the action plan for the high-quality development of AI,which includes ten aspects.First,it will invest no l...Taking its advantages as a state-owned financial institution,the Bank of China Shanghai Branch has formulated the action plan for the high-quality development of AI,which includes ten aspects.First,it will invest no less than 100 billion yuan in the next five years to provide strong comprehensive financial support for various entities in Shanghai’s entire AI industry chain.展开更多
The Rural Revitalization Investment Fund serves as a crucial financial instrument for advancing rural revitalization and promoting common prosperity.It aims to address financing and land-use challenges faced by rural ...The Rural Revitalization Investment Fund serves as a crucial financial instrument for advancing rural revitalization and promoting common prosperity.It aims to address financing and land-use challenges faced by rural industries through financial support while fostering coordinated industrial development.The fund primarily operates through equity direct investment and the“mother fund+direct investment”model,with an increasing emphasis on combining government guidance with social capital participation.However,challenges persist,including a shortage of professional talent,insufficient institutional innovation,and weak industrial foundations in rural areas.To enhance the fund’s effectiveness,it is recommended to strengthen professional team management,clearly define its strategic positioning,implement strict supervision,innovate operational mechanisms,and prioritize environmental and social responsibility.These measures will ensure that the fund contributes to rural revitalization while promoting sustainable development and common prosperity.展开更多
High technology industry makes great contribution to the growth of national or regional economy. For years, Nanjing has done her best to develop high technology industry and got good achievements. But, the development...High technology industry makes great contribution to the growth of national or regional economy. For years, Nanjing has done her best to develop high technology industry and got good achievements. But, the development of Nanjing’s high technology industry is still in short of powerful financial support. This paper analyses the shortage of financial support and provides some suggestions to solve the problem.展开更多
文摘Financial support to agriculture is the main driving force to increase farmers＇ income. This paper applied the evaluation DEA （Data-embrasing Analysis） method to evaluate the effectiveness of financial support to agriculture from 1990 to 2005. It is found that the trend of the financial support to agricultural effectiveness in China presented a downward trend in recent years. The results showed that the overall trend of the financial support to agriculture in China wasn＇t high, and some corresponding proposals were put forward to optimized.
基金Supported by the Sociology Scientific Fund of Heilongjiang Province(12C033)
文摘The agricultural industry development in China has been very successful, but there exist some problems, such as weak financial support strength. With the help of DEA-Malmquist index method, this paper evaluated the efficiency of the agricultural industrialization＇s financial supports, made a deep study of its influencing factors, which have an extremely important influence on the perfect agricultural industrialization＇s development.
文摘In the paper,the status quo of the development of farmers' cooperative organizations in Yunnan Province is introduced.And then a series of problems exist in the financial support of farmers' cooperatives in Yunnan is analyzed,covering the unitary mainstay of credit and loan supply;inadequate credit and loan supply caused by famers' lack of security and mortgage;farmers' difficulties in loaning from banks or other financial institutions;single financial service,which can not satisfy the demands of farmers;the private loans are active while lacks right direction and guide;the outflow of capital in rural areas has limited the development of rural economy.In view of the above mentioned problems,countermeasures and relevant suggestions are put forward,namely increasing the subjects of the loan and credit supply and expanding the financing channels.Therefore,the spheres of business of the Agricultural Development Bank of China should be expanded.Besides,the support from Agricultural Bank of China for rural construction should be strengthened and the major role played by rural credit cooperatives in rural finance should be enforced.In addition,the innovation of financial products should be highlighted;the appearance of private financing should be allowed;financial support from the government should be increased and the preferential policies for taxes and fees should be implemented.
基金This research is supported by Youth Project of Jiangsu Social Science Fund“Research on the System of Financial Support for the New Types of Agricultural Management Entities in Jiangsu”(16EYC007)Jiangsu province Independent Innovation Project“Comprehensive Solution for Cultivated Land Conservation and Quality Improvements in Major Grain Producing Areas”(CX[17]1001).
文摘Both the escape from the predicament of traditional financial support in rural areas and the cultivation of new types of agricultural management entities underlie,at a micro level,the improvement of a new-type of agricultural management system,and offer an important guarantee for the implementation of a rural revitalization strategy.In reference to the demands of carrying out reform,activating factors,invigorating entities and stimulating markets during the implementation of this rural revitalization strategy,we are applying a financing preference theory that infers and analyzes the excessive preference for new-type agricultural management entities(family farms,specialized farmer cooperatives,specialized large family farms,and modern agricultural enterprises)regarding government subsidies(quasi-equity financing).Our analysis has identified crucial factors in the issue and predicts that government subsidies(quasi-equity financing)will crowd out financial support funding(quasi-debt financing),and we offer empirical proof obtained through statistical modeling.As our results indicate,financing costs,free cash flows,and the perceived income adequacy(PIA)of new-type agricultural management entities all have significant influence upon decision-making for debt financing by such entities.Therefore,with the concrete contents of the formulation of policies concerning the financial support for rural agricultural strategy,one not only needs to consider the further decrease of financing costs,but also should take into account both the designing of cash flow mechanism in the process of paying both principal and interest,and the improvement of bankruptcy rules for agricultural management entities to accelerate the transformation of family farms,specialized farmer cooperatives,and specialized large family farms,towards modern agricultural enterprises.Meanwhile,upgrades to the supply chains of the agriculture industry,improvements to the construction of the rural financial information system,building an accounting system that meets the requirements of the rural revitalization strategy,and giving full play to the policies for financial support,which assume an important role in activating factors and markets during the implementation of the rural revitalization strategy,are also anticipated.
文摘The new rural reconstruction in China cannot develop without financial support. At present, the limitations on rural finance supply constitute one of the bottlenecks in the ＂Three Nongs＂ （agriculture, countryside and farmers） problems. The paper starts from the present situation, analyses the reasons why rural finance has current difficulties and puts forward proposals for policy reform.
文摘The cpc＇s 13th Five-Year comprehensive plan put forward a major historic task of building a new socialist countryside. This is the comprehensive implementation of urban and rural development to increase industrial agriculture, move the city to support the countryside, accelerate urbanization and narrow the gap between urban and rural areas. To solve the ＂three rural issues＂, the comprehensive construction ofa well-offsociety, has a very important strategic role to ease the contradiction of China＇s rural and urban ecnomic structure. In the process of building a new socialist countryside, the financial policy, as an important means ofmacroeconomic regulation and control, should play a leading role in solving the effective allocation ＆funds. Due to various factors affected by the current supply of rural financial market constraints, system defects and environmental constraints, there is a large gap between the level of the existing rural financial services and the requirements of the new rural construction which is to be improved urgently.
文摘As it is known to all,the new energy industry plays an important in the economic transformation and structure adjustment of our country.The government attaches great importance to the development of the new energy industry.Particularly for the developing countries,to achieve rapid development require a lot of capital.However,there are some problems with finance in the development of the new energy industry.Based on the analysis,this paper puts forward some countermeasures.
基金General Research Fund of Philosophy and Social Sciences in Colleges and Universities of Jiangsu Province in 2020(Grant No.2020SJA1008)Fundamental Research Funds for the Central Universities(Grant No.2023SK04)。
文摘The report from the 20th National Congress of China emphasizes the importance of focusing on the clean,low-carbon,and efficient use of energy,increasing financial support,and promoting green upgrading within the industrial sector.This paper,based on annual data,employs the entropy weight method to construct a comprehensive index reflecting the impact of green upgrading in industrial sectors.To delve deeper,it utilizes the DEA model to measure energy efficiency and its subdivision BCC model to break down energy efficiency into technical and scale efficiency.The financial support landscape is examined from the vantage points of both direct and indirect financing.Using a multivariate time series model,this paper thoroughly investigates the influence of energy efficiency and financial support on the green upgrading of the industrial sector.The findings reveal a significant positive impact of both energy efficiency and financial support on green upgrading in industrial industries.Notably,scale efficiency emerges as the primary driver of energy efficiency.Moreover,indirect financing proves to be more effective in promoting financial support than direct financing.The empirical results retain their robustness even after substituting explanatory variables.The study concludes by contextualizing the research findings within the current real-world scenario,offering practical insights,and proposing specific recommendations.
文摘Background:The World Health Organization's End Tuberculosis Strategy states that no tuberculosis(TB)-affected households should endure catastrophic costs due to TB.To achieve this target,it is essential to provide adequate social protection.As only a few studies in many countries have evaluated social-protection programs to determine whether the target is being reached,we assessed the effect of financial support on reducing the incidence of catastrophic costs due to TB in Indonesia.Methods:From July to Septem ber 2016,we interviewed adult patients receiving treatment for TB in 19 primary health centres in urban,sub-urban and rural area of Indonesia,and those receiving multidrug-resistant(MDR)TB treatment in an Indonesian national referral hospital.Based on the needs assessment,we developed eight scenarios for financial support.We assessed the effect of each simulated scenario by measuring reductions in the incidence of catastrophic costs.Results:We analysed data of 282 TB and 64 MDR-TB patients.The incidences of catastrophic costs in affected households were 36 and 83%,respectively.Patients'primary needs for social protection were financial support to cover costs related to income loss,transportation,and food supplements.The optimum scenario,in which financial support would be provided for these three items,would reduce the respective incidences of catastrophic costs in TB and MDR-TB-affected households to 11 and 23%.The patients experiencing catastrophic costs in this scenario would,however,have to pay high rem aining costs(median of USD 910;[interquartile range(IQR)662]in the TB group,and USD 2613;[IQR 3442]in the MDR-TB group).Conclusions:Indonesia's current level of social protection is not sufficient to mitigate the socioeconom ic im pact of TB.Financial support for income loss,transportation costs,and food-supplem ent costs will substantially reduce the incidence of catastrophic costs,but financial support alone will not be sufficient to achieve the target of 0%TBaffected households facing catastrophic costs.This would require innovative social-protection policies and higher levels of dom estic and external funding.
基金the Key Project"Stochastic Frontier Analysis of the Progress and Efficiency of Jiangsu s Urbanization Level"of Jiangsu Second Normal University(321803).
文摘The"three rural"issues have always been an important and prominent issue in China's economy and society.The"No.1 Document"of the central government of China over the years has all stressed this field.The state has also undertaken various economic policies to increase the income of rural residents,support agricultural development,and improve rural infrastructure construction.Among the various policies,financial support for agriculture is a frequently used macroeconomic policy.Based on the IS-LM model,this paper analyzed the effects of financial policy for supporting agriculture on the IS-LM model,discussed the specific role of the financial policy,in order to provide a certain reference for the government to better use financial policy to support the agriculture.
文摘In 2009, China’s enterprises face grim challenges both from the inside and outside. Amid a sluggish market and plummeting demand, Chinese enterprises are suffering from financial strain and operational difficulties. In order to expand financing channels and establish a financing platform for enterprises, the China Enterprise Development Finance Summit was held on June 27-28 in Beijing. The summit was sponsored by the Research Institute under the Ministry of Commerce in conjunction with other government departments, commercial banks, private equity firms and venture capital funds. In response to the financing difficulties of small and mediumsized enterprises (SMEs), bankers presented their own opinions at the summit. The address of Liu Wenfa from the National Development Bank, Lei Jia from the Cooperative Finance Supervision Department at the China Banking Regulatory Commission (CBRC) and He Ning from Morgan Stanley Bank International (China) Ltd. won wide recognition among the attendees.
文摘On the basis of economic data from 1978 to 2006,the co-integration theory is applied to discuss the relation between agricultural financial investment and farmers' income.The statistic AR model is obtained.Then,it makes pulse response analysis in combination with principle of pulse response analysis.The regression results show that support in agricultural production,various agricultural operating expenses and three types of costs for agricultural science and technology are favorable to farmers' income,while expenditure in agricultural capital construction and rural relief costs hinder increase of farmers' income.The results of pulse response analysis indicate that the change in support of agricultural production and various agricultural operating expenses have positive impact on farmers' net income,and the impact is greater and greater from the second year;the response of expenditure in agricultural capital construction and rural relief cost is positive in the beginning and starts to fluctuate from the third year;the pulse response of three types of costs for agricultural science and technology is negative,lasts about five periods,and then turns to positive impact.Finally,combining characteristics of China's financial support for agriculture,it concludes that the scale,proportion and structure of financial support for agriculture are quite improper.
文摘The implementation of China's rural revitalization strategy will surely release a huge financial demand in rural areas.How to use the petty credit loan in rural financial institutions to develop rural economy is an effective way to implement the rural revitalization strategy.This paper first analyzes the significance of petty credit loan in rural financial institutions for rural revitalization strategy,then introduces the remarkable contribution of petty credit loan in China's rural financial institutions to actively solving the problems of farmers about difficult financing and expensive financing and elaborates on the main problems of petty credit loan business in rural financial institutions that still exist in the process of supporting rural revitalization,and finally gives several suggestions on solving the problems about the financing of farmers and the development of petty credit loan business in rural financial institutions.
文摘Pharmaceutical technology innovation process needs a lot of human, material and financial support, so the government must give full play to its financial support function. Specifically, the government should improve the fund investment mechanism of the pharmaceutical industry, improve the financial investment management system of pharmaceutical technology innovation, strengthen the function and mechanism of the capital market, improve the risk investment system, focus on cultivating a good credit environment, and increase the support of national policy-based financial institutions. Through direct investment, financial subsidies, tax incentives and low-interest financing and other means, vigorously promote the improvement of pharmaceutical innovation capacity.
文摘Title Page The title page(page 1,do not number)should contain these elements:(a)full title;(b)Each authors'names,academic degrees,and affiliations(if Chinese,give standard English version);(c)the designated corresponding author's name,mailing address,telephone and fax numbers,and e-mail address;(d)source(s)of financial support of the study;(e)the total word count of the manuscript,including the title page,abstract,text,references,tables,and figures legends.
文摘Title Page The title page(page 1,do not number)should contain these elements:(a)full title;(b)Each authors’names,academic degrees,and affiliations(if Chinese,give standard English version);(c)the designated corresponding author's name,mailing address,telephone and fax numbers,and e-mail address;(d)source(s)of financial support of the study;(e)the total word count of the manuscript,including the title page,abstract,text,references,tables,and figures legends.
文摘Taking its advantages as a state-owned financial institution,the Bank of China Shanghai Branch has formulated the action plan for the high-quality development of AI,which includes ten aspects.First,it will invest no less than 100 billion yuan in the next five years to provide strong comprehensive financial support for various entities in Shanghai’s entire AI industry chain.
文摘The Rural Revitalization Investment Fund serves as a crucial financial instrument for advancing rural revitalization and promoting common prosperity.It aims to address financing and land-use challenges faced by rural industries through financial support while fostering coordinated industrial development.The fund primarily operates through equity direct investment and the“mother fund+direct investment”model,with an increasing emphasis on combining government guidance with social capital participation.However,challenges persist,including a shortage of professional talent,insufficient institutional innovation,and weak industrial foundations in rural areas.To enhance the fund’s effectiveness,it is recommended to strengthen professional team management,clearly define its strategic positioning,implement strict supervision,innovate operational mechanisms,and prioritize environmental and social responsibility.These measures will ensure that the fund contributes to rural revitalization while promoting sustainable development and common prosperity.
文摘High technology industry makes great contribution to the growth of national or regional economy. For years, Nanjing has done her best to develop high technology industry and got good achievements. But, the development of Nanjing’s high technology industry is still in short of powerful financial support. This paper analyses the shortage of financial support and provides some suggestions to solve the problem.
