Jiutai District of Changchun City of Jilin Province, endowed with the fine spirits of the universe, always has the name of “Bright Pear in the back-land of Jilin Province”, is the first to become experimental field of rural financial institutional mechanism reform of the nation. In recent years, profits from the series policies of rural financial reform, Jiutai Rural Commercial Bank constantly catches opportunity, exploration and innovation, actively explores in fund supply, service supply and manpower supply and other sides, writes a brushstroke of thick and heavy colours for rural financial supply-side reform with practical action.

Innovates Financial Products to Enlarge Rural Financial Supply

In 2009, Jiutai Rural Commercial Bank has combined with Property Law, Guarantee Law, began to explore mortgage loan of “Three Rights” of “Rural Land Management Right, Forest Right and House Property Right”, and conducted experimental unit at part of villages and towns, gave “Three Rights” to have the function of mortgage, guarantee and so on. In 2011, with the help of favorable opportunity of rural financial institutional mechanism reform, the bank further enlarged the range of experimental unit, now has issued grand total of 3.7 hundred million Yuan of this kind of loan approximately.

In December, 2015, Jiutai District was determined as the experimental unit of mortgage loan of peasant housing and property right, the bank cooperated further with the Government of Jiutai District, to drive the application and promotion of this product with all strength. By means of strongly support by the Financial Sector of the District, set up risk compensation fund of aiming at mortgage loan of peasant housing and property right. Up to the end of 2016, has already issued 3.50 million Yuan of mortgage loan of peasant housing and property right.

Innovates Service Channel    Optimizes Rural Financial Service

In 2013, Jiutai Rural Commercial Bank cooperated with the Local Government, put its hand to construct model village of agricultural informatization, construct integrity agricultural information service platform of gathering comprehensive media, agricultural electronic commerce, agricultural internet of things, long-distance video guidance of agricultural specialist as an organic whole.

Innovates Human Resource Development    Intensifies Rural Financial Support

Since 2011, Jiutai Rural Commercial Bank conducts strategic cooperation with Jilin Finance and Economics University and Changchun Financial  College of taking the mode of running a school jointly, specially set up “Order Form Class”, takes the vocational education to import into the campus ahead of time. And also together with the local organization department, select the best of best between these university graduates, assign them to the villages to act as village officials, carry out “Three Entering and Three Sending”, that is to enter into village community, enter into the field, enter into the peasant household, send financial knowledge, send financial talent, send financial service.