Study On The Coordinated Development Of Pig Insurance And Agricultural Credit In Chongqing

In 2022,the No.1 central document of the Central Committee pointed out to strengthen the Rural Revitalization of financial services and do a good job in the work of "agriculture,rural areas and farmers".Consolidating the achievements of poverty alleviation and further promoting the steady implementation of the Rural Revitalization Strategy are the core of the current "three rural" work.Rural Revitalization cannot be achieved without financial services.According to the estimation of the Ministry of agriculture and rural areas,the capital required for the implementation of key Rural Revitalization strategic projects planned from 2021 to 2025 is about 7 trillion yuan.Such a huge capital demand is inseparable from the participation and support of rural finance.As an important part of the rural financial system,agricultural insurance and rural credit have played an important role in promoting the implementation of the Rural Revitalization Strategy.Actively exploring the path of coordinated development of agricultural insurance and rural credit and promoting their coordinated development is of great significance to alleviate the "loan difficulty" in agricultural and rural areas and promote agricultural funds.Chongqing is a key area of pig breeding in Southwest China.Promoting the coordinated development of pig insurance and rural credit in Chongqing is of great significance to accelerate the development of pig industry and expand the scale of industry in Chongqing.From the current situation of Chongqing,there are still deficiencies in the respective development of pig insurance and rural credit,the collaborative business is still in its infancy,the collaborative cooperation is not close enough,and the collaborative mechanism is not perfect.It is an urgent problem to promote the coordinated development of the two,develop collaborative products more suitable for the pig breeding industry in Chongqing,and further explore the path of their coordinated development.This paper selects the synergy between pig insurance and rural credit in Chongqing as the research object.By studying the case of the coordinated development of pig insurance and rural credit in Chongqing,this paper explores the current situation and existing practical problems of the coordinated development of pig insurance and rural credit in Chongqing,and puts forward suggestions for the coordinated development of the two in the future.Firstly,under the guidance of synergy theory,Pareto theory and Financial Symbiosis Theory,this paper analyzes the mechanism of the coordinated development of pig insurance and rural credit,and then investigates the conditions and current situation of the coordinated development of pig insurance and rural credit in Chongqing.In order to further explore the cooperative development mode and existing problems of pig insurance and rural credit in Chongqing,two typical cases are selected for in-depth analysis.The results of the case study show that the "pig insurance + rural credit" living pig mortgage financing credit enhancement model in Chongqing can effectively help enterprises realize risk transfer,solve the problem of "loan difficulty" caused by the lack of effective and sufficient collateral for pig breeding enterprises,promote the innovation of characteristic products of pig insurance and rural credit business,and achieve a breakthrough in the collaborative service of insurance and credit in Chongqing from scratch.Through the comparative analysis of the two cases,it is found that the two cases have similarities and differences in pig insurance types,synergy mode,risk dispersion management mechanism and synergy effect.After in-depth research,it is concluded that there are the following problems in the coordinated development of pig insurance and rural credit in Chongqing: firstly,due to the immature inter agency risk dispersion management mechanism,the credit enhancement effect of pig insurance on rural credit is limited;Secondly,the operating entities of the pig industry participating in the collaborative business are all leading enterprises,and the coverage of the cooperative business of insurance and banking is not wide enough;Finally,in terms of product design and resource information sharing,the cooperation between pig insurance and rural credit institutions is not close enough.In view of the practical problems reflected in the case,the author puts forward the following countermeasures and suggestions: first,promote agricultural reinsurance and agricultural catastrophe insurance,reduce the compensation pressure of underwriting companies,enhance the resilience of pig industry to catastrophe risk,and improve the risk decentralized management mechanism;Second,build an information sharing platform,enhance the sharing of customer information resources between institutions,reduce the cost of collaborative transactions between institutions,and establish a resource sharing mechanism between them;Third,deepen cooperation through resource combination and strategic cooperation,carry out product innovation according to the actual development of pig industry in Chongqing,and promote inter agency business integration;Fourth,strengthen supervision and management and policy support,formulate and improve relevant laws,issue local regulations or local regulations,and optimize the external environment of rural finance;Fifth,improve their respective development levels,improve the coverage and guarantee capacity of pig insurance,expand the rural credit market and consolidate the foundation of coordinated development.Sixth,improve the construction of big data platform,further create conditions for coordinated development,promote the construction of smart farms,big data platform and other facilities,promote the digitization process of pig industry with scientific and technological innovation,and create conditions for further development of pig insurance and agricultural credit.