County governance brings peace to the world.
As an important background of Chinese path to modernization, county territory is the "chassis" and "cornerstone" of the national economy. It connects cities on one end and rural areas on the other, covering over 90% of the country's land area, carrying over 600 million people, and contributing nearly 40% of the gross domestic product. It is not only the foundation of China's economic resilience, but also a blue ocean of future domestic demand potential.
Against the backdrop of the national strategy focusing on high-quality development in counties, how finance can play a role in serving the "last mile" and even the "last hundred meters" of the real economy has become a key proposition. To this end, the Economic Observer has teamed up with the Agricultural Bank of China to conduct a large-scale series of research on "Nourishing County Resilience Finance", aiming to explore the empowerment of finance in counties with different resource endowments and development paths.
We believe that only by understanding counties can we have a deeper understanding of the resilience and potential of the Chinese economy.