Study On The Strategy Of Inclusive Forestry Finance Development In Sanming City

Issues relating to agriculture,rural areas,and rural people,including the difficulties of loans and loans to farmers,are fundamental to China as they directly concern our country’s stability and our people’s wellbeing.In order to win the battle and build a well-off society in an all-round way,Secretary-General Xi Jinping put forward the strategy of rural vitalization in the 19th CPC National Congress.To implement the strategy of rural revitalization,the source of funds must be solved.On the basis of hereby;the implementation of Rural Revitalization Strategy needs to gather financial resources of the whole society,which is a very important opportunity for the further development of Inclusive Finance in rural areas.Forestry gained new vigor and vitality since collective forest right system reform in Fujian province,which in the maintenance of ecological security,the implementation of precise poverty,promote rural economic and social sustainable development has played an important role in making the lush mountains into gold and silver to become a reality.However,due to afforestation,forestry production and the long investment cycle,capital demand,economic benefits is not immediately apparent,causing farmers and forestry companies often encounter liquidity difficulties,coupled by the uncertainty of the impact of natural disasters,the foresters and forestry enterprises to increase operational risk is a major bottleneck in the development of farmers continued to plague welfare,production and forestry.Since Sanming City is the experimental area for the reform of the national collective forest rights system,the reform of the forest rights system,the forestry financial services and the transformation and upgrading of the forestry industry have been very effective.However,the survey found that over 90%of the mountain forest rights in Sanming City were scattered in the hands of forest farmers.Because of the small dispersion of forest farmers’ rights and the difficulties in bank supervision and disposal,more than 90%of the bank’s credit rights were concentrated in the hands of state-owned forest farms and large forestry households.To solve the above problems,launched as a product innovation Inclusive Finance--"Fulin credit",in solving the problem of farmers and forestry enterprise funds bottleneck constraints,promote forestry production and management of sustainable development at the same time,also for financial institutions to broaden the scope of business,diversify risk and create favorable conditions.However,there are still a lot of challenges and difficulties in the process of its implementation,and it is difficult to provide a good financing environment for forest farmers and forestry enterprises.Study on forestry inclusive financial products in Sanming city of Fujian Province--"Fulincredit" as the research object,in-depth analysis of the implementation of Sanming City met with the advantage of forestry inclusive financial products in the process and in the implementation of the dilemma,accordingly put forward to further improve the development strategy of Sanming City forestry inclusive financial products,to provide useful experience for other areas and the corresponding Fujian province and the national forestry development of inclusive financial products.