Agricultural policy finance, as an agricultural development bank responsible for the allocation and management of national policy-oriented funds for supporting agriculture, should make greater achievements in the practice of new rural construction.

First, give further play to the role of policy finance in supporting agriculture, adjust business scope and broaden business areas.

First of all, the focus of support should shift from circulation to production and processing, and expand loans for agricultural production and processing. Secondly, provide all-round policy financial support to all fields of new rural construction, so as to promote agricultural industrialization, improve agricultural production conditions, improve farmers' quality of life, and improve the level of rural socialization and modernization. Third, it must be clear in guiding ideology that these businesses reflect the policy orientation of the country, so they are policy businesses rather than commercial businesses.

Second, establish an effective risk prevention mechanism.

Agricultural policy finance, like ordinary commercial finance, must attach great importance to risk prevention. In view of the characteristics of agricultural policy finance business, such as scattered scale, small scale, strong quarterly nature and serious shortage of collateral, the following measures can be considered:

(1) The non-profit rural policy loan guarantee fund will be jointly established by the government, beneficiary rural enterprises and farmers to alleviate the loan guarantee problem of agricultural and rural economic entities. If the fund is profitable, it shall be exempted from all kinds of taxes, and the investor shall allocate or enrich the fund according to the proportion of capital contribution.

(2) Under special circumstances, if the government orders loans to achieve its policy objectives, the government will bear the corresponding bad debts and related risks. Therefore, the central and local governments should set up financial risk funds for supporting agriculture to make up for the possible bad debt losses of agricultural policy loans.

(3) Strengthen legal intervention, apply summary trial procedures to cases involving agricultural policy-related financial creditor's rights, and safeguard financial creditor's rights according to law.

(4) Increase the proportion of bad debt reserves of policy financial institutions and enhance their ability to cope with risks. In addition, commercial guarantee institutions can be encouraged to carry out the guarantee business of rural policy loans.

Third, broaden financing channels and enrich capital.

On the basis of enriching the capital of agricultural policy financial institutions, broaden the sources of funds. On the one hand, it can enhance the self-organization ability of agricultural policy financial institutions, on the other hand, it can learn from the practices of some developed countries to form a reliable and stable source of funds for agricultural policy financial institutions with postal savings and social security pensions. In particular, China's postal savings absorbed a lot of rural funds, but never used them in rural areas. We should consider setting aside a certain proportion and returning it to the countryside through certain channels.

The fourth is to build a scientific evaluation system for agricultural policy financial institutions.

To build a scientific evaluation system of agricultural policy-oriented financial institutions and enhance the internal motivation of agricultural policy-oriented financial institutions to support the development of agriculture and rural economy, the author believes that we need to grasp two points:

First, competitiveness indicators should be placed in the right position. Market economy is a competitive economy. Agricultural policy financial institutions, as participants and subjects of the market, can't avoid competition, let alone be ashamed of competition. The key is to grasp the "degree". To find your place in the competition, you should not only participate in the competition, but also compete blindly.

Second, policy indicators should have a prominent position, reflecting the country's policy orientation. Supporting agriculture, countryside and farmers is the fundamental duty of agricultural policy financial institutions, and the operating cost evaluation system of agricultural policy financial institutions must reflect this policy orientation of the country. Although its business activities inevitably have some commercial indicators, its main body should always be policy-oriented, and it is necessary to ensure that the policy-oriented part plays a leading role in the use of funds by agricultural policy-oriented financial institutions, while the direct and indirect support for agriculture must also maintain an appropriate proportion.