Huang Qingyue who is 65 years old said gladly to the reporters that he got his pension with a social security card via financial “wisdom pay” set in the village. In earlier day, Huang had to go to the county downtown to get his pension, which was much less convenient than that way.
In 2013, Guiyang county government worked together with Agricultural Bank and some other financial institutions to innovate some more service channels to people. According to territorial scope of the insurance and network layout of the bank, some financial service agents for new rural endowment insurance were set in some villages, towns and streets. The insured farmers can handle the businesses of the insurance easily without going outside of the village. It was reported that the coverage rate of financial service for new rural endowment insurance of Guiyang county hit 100%.