Guangfa Securities

Objective(s) of the engagement

The main objective of this cooperation is to reduce rural poverty in China by promoting smart and green agriculture. To achieve this, FAO and Guangfa Securities intend to assist the Government of China in implementing its rural revitalization strategy; to contribute to the achievement of the SDGs (especially SDG 1, No Poverty and 2, Zero Hunger); to collaborate under FAO's rural poverty reduction programmes in China; and to support the Farmer Field Schools programme with Information and Communication Technology (ICTs) tools.

Thematic area of partnership
Production, Life
Asia and the Pacific, China
Engagement Mechanisms
Capacity development, Technical cooperation
Progress to date
  • Guangfa Securities made a financial contribution to the FAO  ‘Development of Sustainable Development Goals (SDG) Villages’ focusing on agricultural industry development and adopting the “Internet + Agriculture + Finance” model 
  • Guangfa Securities collaborated in capcaity development and training activities in Farmer Field Business Schools organized by FAO, where GF shared their experiences on financial leasing with local stakeholders
  • Provision of financial and other services, including insurance, leasing of equimpement inter alia, to targeted farmers through the partnership
  • During the outbreak of COVID-19 in 2020, Guangfa Securities donated medical supplies to two poverty-stricken counties taregted by the project
  • Also in 2020, Guangfa launched an online platform (Guangfa Mall) where its customers can exchange member points for coupons to purchase agri-products from the project being jointly implemented with FAO 

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