Abstract

As one of the main bodies involved in consumption poverty alleviation, Banks play a very important role in the process of poverty alleviation. This paper takes the consumption poverty alleviation practice of Industrial and Commercial Bank of China as an example and discusses the main ways of bank poverty alleviation. For example, relying on the advantages of ICBC’s E-shopping e-commerce platform, we should innovate the poverty alleviation mode of “combining business with finance”. We will actively establish a new mechanism for poverty alleviation through consumption, and encourage community-level Party committees under our control to combine blood transfusion with blood production through the combination of “help selling” and “direct buying”, so as to facilitate the sale of poverty-relief commodities. Focusing on the “combination of business and finance”, it integrates various types of customer ports, establishes the working concept of “overall planning of a game of chess, integrated promotion and package solution”, and actively coordinates the implementation of poverty alleviation work of consumption in Beijing. Through a variety of measures, effectively help the village out of poverty, poverty alleviation effect is remarkable, expected to provide effective reference for other major Banks poverty alleviation work.

Highlights

  • The report of the Nineteenth National Congress of the Party puts forward the goal of getting all the rural poor out of poverty by 2020, and shows their strong determination to win the battle against www.scholink.org/ojs/index.php/jepfJournal of Economics and Public FinanceVol 7, No 2, 2021 poverty

  • The General Office of the State Council issued the “guiding opinions on the further development of consumer poverty alleviation to help win the battle against poverty”, which put forward the innovative direction and landing grasp for the precision poverty alleviation strategy, and pushed the fight against poverty to a deeper level

  • In the face of remote poverty, especially the farmers in the poverty-stricken areas, commercial banks should combine the actual situation of poor areas and poor farmers, stick to the actual needs of consumption and poverty alleviation, and actively explore and innovate the truly suitable financial products and services

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Summary

Introduction

The report of the Nineteenth National Congress of the Party puts forward the goal of getting all the rural poor out of poverty by 2020, and shows their strong determination to win the battle against www.scholink.org/ojs/index.php/jepfJournal of Economics and Public FinanceVol 7, No 2, 2021 poverty.

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Conclusion

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