The establishment of a single agricultural company is an important measure to promote the structural reform of agricultural supply side at the national level, improve the agricultural credit guarantee system and enhance the strength of financial services for agriculture, rural areas and farmers. Agricultural investment companies are not companies, but companies established by local governments to promote agricultural efficiency, increase farmers' income and rural economic development.
Agricultural investment companies are the general name of many agricultural investment (group) companies, and state-owned enterprises are divided into central management enterprises (central enterprises) and local government management enterprises (local state-owned enterprises). All local agricultural investment (group) companies are state-owned enterprises. The purpose of establishing Agricultural Investment (Group) Co., Ltd. is to give consideration to both capital operation and entity operation mode and ensure the organic combination of social benefits and economic benefits.
The significance of the existence of agricultural investment companies
All or part of the agricultural investment companies are funded by local SASAC, so as to maximize the preservation and appreciation of state-owned capital and solve the problem of insufficient agricultural investment. The agricultural investment company is directly led by the local municipal party committee and government, and supervised and managed by the local Municipal State-owned Assets Supervision and Administration Office. Policy subsidy projects arranged by the government shall be declared by the local municipal agricultural office and agriculture-related departments, and implemented by the local municipal agricultural investment company.
The establishment of agricultural investment companies is to achieve the goal of integrating modern agricultural industrial chain, processed products and real economy. The development strategies of agricultural investment companies vary from place to place. The core development strategy is to promote agricultural infrastructure, major projects, rural drinking water projects and the circulation of agricultural products, and give full play to the exemplary role of local government funds.