Under the credit risk of the hottest and most prod

2022-08-04
  • Detail

The credit risk of high-yield forests (Part 2)

domestic and foreign experience shows that it is feasible to use forest resources as collateral. At present, the Hunan Provincial Forestry Department and the Agricultural Bank of Hunan Province have implemented the forest resources asset mortgage loan for forestry loans, implemented the issued unified borrowing and repayment loan debt transfer fund of 29million yuan, and newly issued loans of more than 50million yuan. This practice has been gradually accepted by the pilot provinces and grass-roots units, and has strong practicality, guidance and operability. But at the same time, there are also some problems, such as imperfect forest resources assessment institutions, non-standard management, few types of forest insurance, high premium, difficulties in implementation, etc

it is suggested to carry out special research on a series of issues such as how to dynamically analyze the changes in the value of forest resources, forest rights, forest land use rights, possible economic disputes arising from the transfer and Realization of forest assets during the loan repayment period, and how to carry out forest resources insurance, and learn from some common practices of forest assets mortgage in foreign developed countries. In addition, for the national key large-scale forest paper projects, such as Guangdong Zhanjiang 500000 ton pulp plant and raw material forest project, we can try project financing to solve the problem of guarantee, avoid bank risks and strengthen the scientific management of project construction

loan discount: the fast-growing forest loan project should actively strive to enjoy a certain financial discount

loan term: at present, the rotation period of short cycle broad-leaved eucalyptus and poplar fast-growing and high-yield forests is 6 years, while the rotation period of coniferous wood such as pine is 15 years, with a longer term. Because the fast-growing forest needs to achieve the sustainable development of investment - cultivation - rotation cutting - renewal and reinvestment, the loan period basically needs two rotation cutting periods, which belongs to the medium and long-term loan

suggestions on supporting credit policies for fast-growing and high-yield forests: give full play to the guiding role of policy banks in the industry, actively support pilot company forests, cultivate large enterprise groups, and establish a "forestry industrial belt" in areas where conditions permit. At the initial stage of industrial development, it is very necessary for the government, enterprises and banks to interact. Banks should actively play the role of industrial guidance and rely on the State Forestry Administration to play the role of industrial coordination, We will select large-scale enterprise groups with a foundation in appropriate areas to engage in pilot leading enterprises of forestry industrialization, and actively strive for the implementation of various supporting policies of the central, local governments and industry competent departments

forestry belongs to a large industrial cycle. We should actively support the development of the entire industrial group, and establish a "forestry industrial belt" composed of scientific research, production, processing, trade and various service industries with wood as the main raw material in conditional areas

support forest paper integration and forest board integration, follow the industrialization development mode, rush loading of new energy vehicles, etc. at the same time, according to the existing forest resource supply structure, support the cultivation of young and medium-sized forests, and improve the productivity of forest resources

in the past 20 years, China's wood growth has been dominated by young and medium-sized forests and small-diameter fast-growing timber. The development of forest paper integration and forest board integration can solve the outlet problem of small-diameter timber, It can also "turn small into large" to meet the market demand to a certain extent and promote the development of the whole industry as a whole. China's existing artificial forest area ranks first in the world, mainly in young and medium-sized forests. In the future, in the process of supporting the development of industrialization, we should increase the tending of young and medium-sized forests and improve the utilization efficiency of existing forest resources

on the basis of the existing forestry industry layout, we should focus on supporting three development modes to form a scale operation pattern.

according to the existing enterprise layout, there can be three development modes: the first is to establish a supporting industrial raw material forest base based on the leading enterprises of the forestry industry; The second is based on the existing advanced forest management companies, and the supporting construction and processing is applicable to plastic plate, pipe and profile enterprises; The third is to build large modern enterprises in areas with ideal natural conditions and market conditions. In short, at this stage, CDB's forestry credit policy must be based on cultivating large enterprise groups, closely combining cultivation with processing, and taking the road of industrialized development

combine traditional credit services with capital market cultivation to improve the financing ability of enterprises and promote large-scale mergers and acquisitions among enterprises; The development of forestry loan projects should not only satisfy the review of loan conditions, but also pay more attention to the combination of traditional credit services and the cultivation of capital market, try to carry out capital operation by market means such as listing, equity conversion of related industries, development of industrial investment funds, improve the financing capacity of enterprises, and actively promote mergers and acquisitions among enterprises

strengthen ties with foreign capital, learn from foreign advanced management experience, and guide international capital to invest in forest and paper industry

the international market is generally optimistic about the development of China's forest and paper industry. In recent years, international multinational companies have increased their direct investment in China. The development bank shall assist domestic enterprises to strengthen the connection with foreign capital, introduce foreign advanced experience and technology, guide international capital to invest in the forest and paper industry, and strengthen the research and development capacity of domestic and foreign technologies and markets

actively strive for the forestry interest discount loan policy from the Ministry of Finance: according to the current provisions of the national finance, the forestry loan projects of the Agricultural Bank of China enjoy the policy of financial interest discount, but the forestry loan projects of the development bank have not been included in the scope of financial interest discount, The opinions of the three ministries and commissions on accelerating the construction of raw material forest bases for the paper industry has put forward that "the state finance shall, in accordance with the current provisions, grant discount interest to medium-sized, fast-growing and high-yield forest loans for forestry projects, and appropriately increase the proportion of discount interest". It is suggested that the Development Bank actively strive for this policy to reduce the risk of forestry loans

carry out special research on the mortgage guarantee mode of forest assets and resources, find out the existing problems and development trends, and learn from foreign experience to reduce the risk of forestry Loans: the mortgage of forest land and forest resources can effectively reduce the risk of forestry loans by recognizing the status of entrepreneurs in society. The key is to establish and improve the evaluation mechanism, find out the existing problems, put forward feasible schemes, and improve the operability of the mortgage realization of forest land and forest resources

Copyright © 2011 JIN SHI