Guangxi Finance Department standardizes the supervision and management of agricultural financing guarantee funds to further improve the efficiency of fund use.

　　In order to further standardize the supervision and management of agricultural financing guarantee funds in Guangxi, promote the healthy and sustainable development of agricultural burden system in Guangxi, and improve the efficiency in the use of funds, recently, the Department of Finance of the Autonomous Region and the Department of Agriculture and Rural Affairs of the Autonomous Region issued the Measures for the Management of Business Reward Funds of Guangxi Agricultural Credit Financing Guarantee System (hereinafter referred to as the "Administrative Measures"). The "Administrative Measures" consists of six chapters, which mainly defines the scope of supplementary awards, supplementary awards standards, application and disbursement, system construction, budget performance management and supervision and inspection.

　　First, clear the scope of financial support for agricultural compensation awards

　　According to the spirit of the documents such as the Notice on the Measures for the Administration of Agriculture-related Transfer Payment Funds, the Notice on Further Improving the National Agricultural Credit Guarantee Work and the Notice on Further Improving the Agricultural Credit Guarantee Work to Help Rural Revitalization, combined with the actual situation of agricultural credit guarantee work in our region, the Finance Department of the Autonomous Region strongly supports the construction of agricultural credit guarantee system in Guangxi. Raise funds to give a supplementary award to Guangxi Agricultural Credit Financing Guarantee Co., Ltd. (hereinafter referred to as Guangxi Agricultural Bank Company) for its policy-oriented agricultural bank business that meets the requirements of "double control", focusing on supporting agricultural production (including agriculture, forestry, animal husbandry and fishery production and farmland construction) and industrial integration projects directly related to agricultural production, highlighting the production support for important agricultural products such as grain and pigs. Focus on supporting agriculture with small scale and low fees. The guarantee scale is limited to a single household’s guaranteed balance of no more than 10 million yuan, the guarantee rate charged to the loan subject of policy-based agricultural undertaking business is no more than 0.8%, and the comprehensive guarantee rate after financial subsidy (the sum of the loan subject and financial subsidy) is no more than 3%. Adhere to the service tenet of strengthening agriculture and benefiting farmers, firmly grasp the positioning of policy-based guarantee, and scientifically and reasonably determine the preferential guarantee rate.

　　Two, standardize the use of funds application process

　　In order to improve the standardization, accuracy and effectiveness of the application for supplementary awards, the Administrative Measures clearly require Guangxi Agricultural Support Company to submit an application for supplementary awards for agricultural support in the previous year to the Finance Department of the autonomous region and other departments according to the completion of the policy guarantee business in the previous year before the end of January each year. The Department of Finance of the Autonomous Region shall summarize and preliminarily examine the application funds, and submit them to the steering committee of agricultural credit financing guarantee in the whole region for deliberation, and allocate and use the supplementary award funds for the guarantee business issued by the central government in accordance with the relevant provisions of the centralized treasury payment system, constantly standardize the procedures for fund application and use, improve the efficiency in the use of funds, promote financial integration in the whole region, and help realize high-quality and efficient agriculture, livable and suitable rural areas, and rich farmers.

　　Third, improve the construction of agricultural credit guarantee system

　　The Department of Finance of the Autonomous Region encourages Guangxi Nongdan Company to carry out business cooperation with the pilot institutions of agricultural credit guarantee in cities and counties, and includes the cooperative business that meets the conditions of supplementary award policy into the scope of support of supplementary award policy, establishes and improves the agricultural credit guarantee system led by Guangxi Nongdan Company and supported by the agricultural institutions in cities and counties, constantly improves the construction of agricultural credit guarantee system in the whole region, promotes the coordinated development of all institutions of agricultural credit guarantee system, promotes farmers’ income and wealth, and injects "flowing water from the source" into the implementation of rural revitalization strategy.

　　Fourth, strengthen performance management and supervision and inspection

　　The Department of Finance of the Autonomous Region, together with the Department of Agriculture and Rural Affairs of the Autonomous Region and other departments, will further strengthen the whole process budget performance management of supplementary award funds for guarantee business, strictly evaluate the performance of supplementary award funds, effectively use and manage supplementary award funds, and continuously improve the scientific, refined and professional management level of fund budget performance. Strengthen the supervision and inspection of the audit and supervision of the use of supplementary award funds for guarantee business, prevent financial risks, improve the efficiency of the use of supplementary award funds for guarantee business to benefit farmers and enterprises, give full play to the leverage of financial funds to support agriculture, incite financial living water to promote agricultural development in Guangxi, and help Guangxi’s agricultural industry upgrade.