Four departments: increase the guidance and cultivation efforts for rural enterprises to go public, helping more enterprises to raise funds through multi-level capital markets.
The People's Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, and the Ministry of Agriculture and Rural Affairs have issued the "Opinions on Coordinating the Establishment of Normalized Financial Support Mechanisms to Help Prevent Backwardness and Poverty and Support the Comprehensive Revitalization of the Countryside". The "Opinions" propose to increase the guidance and cultivation of enterprises in rural areas to go public, helping more enterprises to raise funds through the multi-level capital market. The policy of the "green channel" for listing companies in the original poverty-stricken areas will continue to be implemented. Support eligible listed companies in raising funds through additional issuance, allotment, issuance of convertible bonds, corporate bonds, etc., to raise development funds for local characteristic industries, agricultural technology innovation, and other projects. Support the listing of futures and options of specialty agricultural products to provide more risk management tools that meet the needs of rural industrial development. Continue to steadily promote "insurance + futures" in key counties for national rural revitalization, better fulfilling the role of project guarantee.
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