Why does Hengchang participate in national poverty alleviation, and where does Hengchang explore the

Why targeted poverty alleviation – to improve the effectiveness and accuracy of poverty alleviation.

China's poverty alleviation and development began in the mid-80s of the last century, and through nearly 30 years of efforts, remarkable achievements have been made, but for a long time, the problems of unclear numbers of poor residents, unclear conditions, weak targeting, and inaccurate orientation of poverty alleviation funds and projects have been more prominent. However, there are uncertain problems in specific work, such as "who are the poor residents", "what are the causes of poverty", "how to provide targeted assistance", and "what is the effect of assistance". Therefore, there are many blind spots in the work of helping specific poor residents and poor rural households, and some real poor rural households and poor residents have not received assistance.

In addition, in the long run, due to the decomposition of the data of poor residents from the sampling survey, the problems of low quality and inefficiency in poverty alleviation are widespread, such as: the base number of poor residents is not clear, the poverty alleviation targets are often "estimated" (speculated and estimated) by grassroots cadres, and the poverty alleviation funds are "scattered by heavenly maidens", resulting in "poverty alleviation every year"; Key counties are reluctant to "get rid of poverty", and the figures are deceitful, crowding out and wasting national poverty alleviation resources; Poverty alleviation through human feelings and relationships has led to social injustices such as those who should be supported but not supported, and the rich who are not helped by the poor, and even corruption.

Targeted poverty alleviation is aimed at the original poverty alleviation system and mechanism, which must be repaired and improved. In other words, it is to solve the problems of whom, how, and how to spend money and policies. Poverty alleviation must be "precise", and special poverty alleviation must be aimed at poor residents, especially the special financial poverty alleviation funds must be used on poor residents and in the right direction.

Poverty alleviation must be done to help the poor, and we must not use the money for poverty alleviation to carry out high-standard new rural construction, and we must not do image projects to achieve real poverty alleviation. For the development of poverty-stricken areas, the main use of financial comprehensive poverty alleviation funds and other funds should be used.

As one of the important practitioners of inclusive finance, Hengchang actively responds to the national poverty alleviation policy Hengchang deeply explores effective and targeted poverty alleviation paths In-depth participation in poverty alleviation can establish a positive impact on Internet financial enterprises and win social recognition.

Hengchang Limb Retardation Company explores the precise poverty alleviation model of Internet finance + grassroots party organization + targeted poverty alleviation in Fangshan District, Beijing.

Hengchang has innovated the model of industrial poverty alleviation, and realized the transformation from "poverty alleviation" to "intellectual support" through poverty alleviation public welfare donations, so that the advantages of maximizing inclusive finance can be better played in poverty alleviation work.

Hengchang's practical experience in the field of targeted poverty alleviation has certain guiding significance and value for enterprises to participate in poverty alleviation.