The People's Bank of China and other three departments jointly issued the "Notice on Financial Support for High-Quality Forestry Development"

On August 25th, the "Notice" proposed that we should increase the innovation of forest rights mortgage loan products and services, broaden the scope of mortgageable forest rights, extend the loan period in compliance with the law, and promote the incremental improvement, quality and expansion of forest rights mortgage loans. Areas with conditions should promote the establishment of forest rights collection and storage institutions according to actual needs, and encourage social capital to carry out forest rights collection and storage guarantee services. Encourage all localities to optimize the forest rights value evaluation mechanism, formulate unified evaluation guidelines, clarify operating procedures and charging standards, and improve the scientificity and rationality of evaluation methods. Strengthen the management and disposal of mortgaged forest rights, and protect the legitimate rights and interests of mortgagees. Improve and improve the forest rights mortgage registration mechanism, explore the establishment of forestry databases and trading platforms, and promote the market-oriented trading of forest rights in a standardized and orderly manner.