East China’s Jiangsu province has taken the lead in the country in issuing the "Opinions on Guiding Social Capital for Better Participation in Rural Revitalization" in order to create a good policy environment for social capital to help with rural revitalization.
In accordance with the general requirements of the rural revitalization strategy, the Opinions encourages social capital to exert its own advantages and invest in the construction of beautiful and livable villages, the development of rural tourism, life service industry, high-quality and efficient agriculture, agricultural technology and equipment industries, and other important areas that promise profitability and development potential.
In order to solve the outstanding problems that restrict social capital investment, the Opinions encourages all localities to comprehensively use fiscal, land, finance, taxation and other policy instruments to accelerate the construction of a policy system that supports social capital investment in rural revitalization.
Taking the supply of construction land that has received much attention as an example. The Opinions clarify that in the overall planning and implementation of land use planning, all localities should strictly implement the policy of making township and town land use master plan and reserving a small amount of planned construction land for sporadic scattered single site selection for the construction of agricultural facilities, rural tourism facilities, etc.
A certain proportion of land use plans are listed each year to specifically support new industries and new industries in rural areas, according to the Opinions.
The rural construction land, after undergoing the evaluation of the right to use, can be used to build a joint venture with social capital to operate rural tourism and product processing facilities, according to the Opinions.
Under the premise of not changing the ownership of rural collective land, the right to use the peasant homestead on the basis of the daily report system, the rural residents are allowed to use their own homesteads to cooperate with social capital and urban residents to build houses, lease cooperative business, and share income, according to the Opinions.
According to statistics, social capital has become an important investment player for rural revitalization. As of the end of 2017, the province's agricultural fixed assets investment had reached 47.2 billion yuan, of which social capital accounted for more than 80% of agricultural fixed assets investment.
