How does finance support the construction of water conservancy infrastructure?Joint deployment of the People's Bank of China and the Ministry of Water Resources

Author:Contemporary China Think Tank Time:2022.06.15

According to the official website of the People's Bank of China, the People's Bank of China and the Ministry of Water Conservancy jointly held financial support for water conservancy infrastructure construction to promote work TV conferences on the 13th to deploy further water conservancy construction financial services to help stabilize the macroeconomic market. The meeting requested that policy and development banks should make good use of the newly added 800 billion yuan credit quota, grasp the task breakdown, strengthen the assessment incentives, and increase their support for major national water conservancy projects.

The meeting pointed out that it is necessary to deeply understand the significance of water conservancy construction, and effectively strengthen the sense of responsibility, mission, and urgency of doing a good job of financial services in water conservancy construction. Water conservancy is related to strategic overall situation, long -term development, and people's well -being. In the short term, water conservancy projects, especially major water conservancy projects, have absorbed large investment, long industrial chain, and more employment opportunities. Accelerating the construction of major water conservancy projects is an important aspect of stable macroeconomic market. In the middle and long term, strengthening water conservancy construction is of great strategic significance for my country's food safety, green low -carbon transformation, and disaster reduction and disaster prevention prevention.

The meeting emphasized that we must grasp the key and focus on financial services in key areas of water conservancy. All financial institutions should cooperate with the water conservancy department and water conservancy enterprises to make overall development and security, highlight the key points, innovation, prevent risks, and focus on major projects such as the main skeleton and the southwater regulation of the national water network, the use of water resources to concentrate, rural water supply projects, watershed flood prevention in the basin In key areas such as the construction of the engineering system, the ecological protection and restoration of the river and the lake, and the construction of smart water conservancy, the construction of water conservancy infrastructure has expanded and effective investment and stimulating economic development.

The meeting requested that all financial institutions should find positioning, innovative products, and compliance in accordance with laws to effectively increase financial support for water conservancy projects. State -owned banks should give full play to the advantages of funds and outlets, and increase credit for commercial sustainable water conservancy projects; small and medium -sized banks should based on the actual situation of the area, and provide necessary credit support for small and medium -sized water conservancy projects such as repayment capabilities and feasible farmland water conservancy. Essence It is necessary to innovate product models such as repayment sources, mortgage guarantees and other product models, and use the department to work together to do financial services for water conservancy projects. We must adhere to the principles of marketization and rule of law, self -examination of loans, self -risk, and keep the bottom line of compliance.

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