Shanxi lawmaker suggests more financial support for rural projects


Updated: 2022-03-01

"As long as the land is treated with care, it will bring wealth to farmers," said Zhang Hongxiang, a deputy to the National People's Congress and chairman of the Zhangqianhuling Breeding Professional Cooperative in Youyu county, Shanxi province. 

Over the years, Zhang has helped more than 300 locals in Youyu county find employment and over 1,000 poverty-stricken households in the county become shareholders of his cooperative by developing a modern sheep breeding and production industry.

He believed that more agricultural enterprises should be encouraged to grow and develop, put resources into the land, and allow entrepreneurs to help farmers benefit from the land.

Zhang said that there is a lot of idle land in the countryside that can be used to set up modern enterprises, and there are many people who want to start agricultural enterprises. However, due to the large investments required for agriculture, many people are discouraged by the lack of financial support. 

To this end, Zhang has put forward a motion to strengthen and speed up financial support for agricultural modernization for two consecutive years in past sessions of the National People's Congress.

In the motion, he suggested providing project loans to private enterprises that achieve agricultural modernization, and providing low-interest, long-term, large financial products suitable for enterprises so that they can focus on developing agriculture.

Some of the issues raised by Zhang have received attention and responses from relevant State departments. For example, some banks have launched large-scale loans for agricultural land projects. 

With the annual sessions of the National People's Congress and the Chinese People's Political Consultative Conference National Committee just around the corner, Zhang is working to improve his motion.

"I have a deep affection for this land, and I need to turn that into practical suggestions to promote rural revitalization and increase the wealth of rural residents."