Research On Mortgage Financing Of Forest Resources In Yong'An City

In 2003,the "Decision of the CPC Central Committee and the State Council on Accelerating the Development of Forestry" gave forest rights mortgage power.In 2013,the "Opinions of the China Banking Regulatory Commission and the State Forestry Administration on the Implementation of Forest Mortgage Loans" further standardized the forest mortgage loan system,and forest resources mortgage loans have been initially developed.In February 2018,the State Forestry Administration,in conjunction with the China Banking Regulatory Commission and the Ministry of Land and Resources,jointly issued the "Notice on Promoting the Work Related to Forest Mortgage Loans"(No.57)to further eliminate the institutional factors that hinder the development of forest mortgage loans.In our country,the forest resources mortgage still belongs to the early stage of development,still has huge development potential.Only by further improving the system of forest resources mortgage loans can we further explore the potential market of forest assets mortgage loans.Provide financial support and material support for the modernization of the forestry industry.Yong'an City has a forest coverage rate of 80.9%,and it is also a demonstration area for forestry reform and development in the country.The certification of rights has 'basically been completed,and the development of forest resources mortgage loans has unique advantages.Yongan forest resources mortgage loan model is forest warrant direct mortgage and forest warrant mortgage and guarantee company(collection and storage center)guarantee loan two models.In vertical terms,forest resources mortgage loans include four links:1.Enterprises or individuals apply for loans,professional forestry assessment companies are responsible for asset assessment,and 2.Banks,rural credit cooperatives,or forest assets collection and storage centers in Yong 'an City issue loans based on assessed values.During the period,the borrower insured the insurance company with the health of the forest rights operator or the mortgaged forest resources as the insurance object to prevent the risk of de,fault.Finally,in order to dispose of the forest assets of the risky projects in the course of the forest warrant mortgage more quickly and better,to ensure the recovery of the forest loan projects and interest rates,the Yongan Forest Assets Collection and Storage Center was established.Forest resources loans are closely related to each other.This paper collects the data of forest resources mortgage loan in Yong 'an City by means of online search,site visit,questionnaire,etc.,and provides theoretical and practical analysis for improving the forest resources mortgage loan mechanism in Yong' an City.This paper compares and analyzes the real case of forest rights assets assessment,analyzes the formation and value characteristics of forest resources assets,and puts forward the problems in the evaluation theory and technical methods of forest resources assets mortgage value assessment.In view of the problems in the current assessment practice,a more reasonable assessment method is proposed.The expansion of the potential market for forest resources loans needs to increase the promotion of loans,increase the familiarity of ordinary forest farmers with this loan,and reserve high-quality talents for the forestry industry.For banks and other financial institutions,it is recommended to improve the quality of service,simplify procedures,improve efficiency,and design loan terms that are more in line with the growth cycle of forests.It is recommended that the evaluation company reduce the evaluation cost and refine the evaluation market;For the loan default repayment and other risk prevention,banks and other financial institutions themselves should strengthen the pre-loan investigation,post-loan tracking;Insurance companies are willing to contract insufficient insurance products.It is recommended that the government give insurance companies certain financial subsidies.At the same time,insurance companies strengthen competition among the industry and encourage insurance companies to contract insurance for forest resources mortgages.