Finance lies at the center of modern economy and thus financial support plays a key role in balancing urban and rural development and bolstering the agricultural sector, therefore the PBC will make targeted and prioritized efforts to strike a balance between short-term and long-term development. First, establish a sustainable mechanism of providing rural financial services.
Efforts have been made to improve agro-linked financial risk compensation system by way of setting up risk funds and developing rural insurance so as to incentivise financial institutions to support balanced development in urban and rural areas.