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China launches financial support system to prevent poverty relapse and boost rural development.
China's central bank and three other agencies have issued a guideline to establish a regular financial support system to prevent poverty relapse and advance rural revitalization.
The plan emphasizes long-term, development-oriented assistance for vulnerable groups, improves microcredit programs for recently lifted households, and boosts funding for grain production, rural infrastructure, and agriculture-culture-tourism integration.
Financial institutions in underdeveloped areas are encouraged to issue special-purpose bonds to support small businesses and agricultural sectors, aiming to strengthen rural economic resilience and ensure sustainable development.
China lanza un sistema de apoyo financiero para prevenir la recaída de la pobreza y estimular el desarrollo rural.