Bao Jianan'S Speech At The National Cotton Working Teleconference

In the whole country

Speech at work videophone conference

Bao Jianan, vice president of the Agricultural Development Bank of China

Comrades:

In the past 2011 cotton year, the Agricultural Bank issued a total of 70 billion 300 million yuan of cotton purchase loans, a record high; supporting enterprises to buy 70 million 740 thousand cotton, accounting for more than half of the country's cotton output, successfully completed the important responsibility of the state to give us the guarantee, market stability and development.

Today, the national development and Reform Commission and other departments jointly hold a nationwide teleconference on cotton work, and comprehensively arrange the deployment of cotton work in 2012, which is of great significance for ensuring the smooth progress of cotton purchasing.

Agricultural issues at all levels should be conscientiously studied and deeply understood by the national development and Reform Commission and other important speeches led by the departments, and carried out and implemented in combination with the actual practice.

Next, I would like to make a few comments on the work of the agricultural development bank.

First, recognize the situation and enhance the sense of responsibility and mission.

In 2012, the situation faced by cotton credit is grim and complicated.

On the one hand, the world's economic growth is weak, textile demand continues to slump, and domestic and foreign cotton stocks have increased sharply at the beginning of the year. Cotton prices are facing great downward pressure. On the other hand, the cotton market has been ups and downs in recent two years, the deficit of business has expanded, commercial capital has become more cautious in the market, and the pressure of fund supply has increased.

This year's cotton credit work will face the unfavorable situation of less capital in the acquisition season and difficulty in the late stage promotion. The pressure on our credit fund to buy, supply and maintain stability will be highlighted.

In particular, the eighteen major parties of the party will be held soon. Supporting cotton acquisition is of special importance for protecting the interests of farmers and maintaining stability in rural areas, especially in the minority areas of Xinjiang.

Therefore, the agricultural development bank at all levels must recognize the grim situation faced by cotton credit work in 2012, further enhance political sensitivity and sense of responsibility, and make every effort to do a good job in the supply and management of cotton purchase credit funds, so as to ensure the smooth development of cotton purchasing.

Two, accurately grasp the credit policy, and actively do a good job in the supply of funds.

At the end of August, the head office has held a cotton Conference on cotton purchasing and credit, and fully deployed the supply and management of cotton purchase funds in 2012.

From the information we have grasped, the provincial branches have communicated the policy requirements of the head office to the municipal and county branches, and the purchase of funds has been fully carried out in good order.

Here I would like to emphasize a few more points.

First, we must rationally arrange the funding point to facilitate the sale of cotton by cotton farmers.

Do a good job in cotton production

The qualification of enterprise loan qualification is based on the premise that there is no difficulty in selling cotton.

At present, each bank has identified 602 loan customers, 5 more than last year's actual lending companies.

Next, the banks should continue to actively carry out the qualification accreditation of the follow-up enterprises according to the need for acquisitions, so as to satisfy the farmers' demand for cotton sales.

For the possible gaps in the supply of acquisition funds, it is necessary to report to the local government in advance and make targeted efforts in advance to strive for the initiative.

Two is to ensure timely and full supply of funds to ensure that "money and other cotton".

Each bank should seriously calculate the demand for funds, check the loan amount in time, arrange the credit scale in full, and provide a certain amount of funds for the enterprises in advance, so as to achieve "money and other cotton"; strengthen communication and coordination with the local people's Bank, cash agency and loan enterprises, ensure cash supply; strengthen the supervision over the loan payment link, urge enterprises to pay the cotton sales to the cotton growers in time and in full, and strictly prevent the loan companies from appearing in the disguised form of "ious" behavior in the form of delayed payment. In September 30th, the bank has issued 32 billion 400 million yuan of acquisition loans, providing a strong financial guarantee for the enterprises to purchase.

During the period of National Day holiday, the head office issued a special telegram in September 24th and made a careful arrangement to ensure that the loan companies had sufficient funds for the acquisition. Meanwhile, the full-time staff were also on duty to make plans for possible problems ahead of schedule, so as to ensure a smooth acquisition during the holiday season.

Three, we should actively control the quotas and make good preparations for the temporary storage.

The temporary reserve of cotton was launched in September 10th, and the agricultural development bank at all levels should actively cooperate with the relevant departments in doing all the work of temporary storage.

It is necessary to increase credit support, give priority to the supply of funds to support the purchase of cotton for storage, check the original documents of the enterprise acquisition, supervise the acquisition of the cotton seed purchase price according to the cotton seed purchase price issued by the China Cotton Association, and timely pay the cotton sales to farmers, ensure the implementation of the state's measures to benefit farmers, implement the principle of "temporary increase or decrease" on the cotton temporary reserve and acquisition loans, and strengthen the supervision and management of the business department of the head office, strengthen communication and coordination with the Central Cotton Storage General Corporation, and timely supply temporary funds for storage and storage, so as to ensure the smooth operation of the storage and settlement of the enterprises.

The four is to establish a strategic customer base for cotton credit and provide a strong guarantee for cotton purchase.

Banks at all levels should build a development strategy to support the development of leading bank brands in line with our grain and cotton and oil industry chain. We will focus on supporting a number of key enterprises and high-quality enterprises that can play the role of cotton public relations regulation in the national or regional scope through credit preferences and policy support. We will cultivate the strategic credit clientele of cotton loans of the Agricultural Development Bank, making it an important carrier for our bank to perform the functions of administrative banks and protect the interests of farmers, and provide a strong guarantee for the effective implementation of credit targets and the smooth acquisition of cotton acquisitions.

Five, we should strengthen loan management to ensure a virtuous circle of credit funds.

While doing a good job in the acquisition of credit funds, banks should seriously implement various loan risk management measures, strictly manage and standardize operation, ensure that credit funds are "drawn and collected" and achieve closed management and virtuous circle of loans.

We should further improve the third party supervision of cotton inventory, and actively implement the more convenient supervision mode such as on-site supervision, so as to reduce the cost of enterprises.

For enterprises to use our line of credit, the amount of cotton needs to store sales, branches must strengthen the supervision of the pfer link, and actively cooperate with the cotton shift library related work.

Six, we should strengthen policy publicity and do well in guiding public opinion.

In the process of supporting cotton purchase, banks should attach great importance to public opinion propaganda.

In order to announce to the public in time, we will take the list of loan companies and publicize our bank's credit policy extensively. We should regularly report to the local government and relevant departments on our loan issuing and supporting acquisitions. We should strengthen communication links with local mainstream news media, actively publicize our work, formulate contingency plans, and make good responses and precautions against possible negative public feelings and major emergencies.

We should strengthen communication and coordination, strive for the understanding and support of all sides, and create a good external environment for the acquisition of cotton loans.

Three, strengthen organizational leadership, improve execution and ensure policy implementation.

The banks at all levels should take the support of cotton purchase as the focus of current business work, earnestly strengthen organizational leadership, make careful arrangements and arrangements, and ensure the implementation of policies.

In particular, the chief executives at all levels in the main cotton producing areas should take command of themselves. The management branch must shoulder specific responsibilities, go deep into the grass-roots units, carry out investigation and study, and fail to grasp the new situations and new problems that arise in the work, accurately analyze and properly solve them.

The management bank should strengthen the inspection and guidance, help the bank to accurately understand and implement the credit policies and improve the execution of policies and measures. The bank should enhance its initiative and integrate the local conditions to fulfill the requirements of the higher authorities. At the same time, it also needs to strengthen the service and guidance to the enterprises, cooperate with banks and enterprises, and jointly make the acquisition of cotton in 2012.

Comrades, the supply of cotton purchase funds in 2012 is a difficult task and a great responsibility.

We should effectively foster the overall awareness and sense of responsibility. In accordance with the unified deployment of the national cotton working teleconference, we will innovate and work hard to ensure the 2012 cotton and acquisition credits.

The supply and management work is going on smoothly, with excellent results to welcome the eighteen great victory of the party.