Traditional Culture Encyclopedia - Traditional stories - The scale of traditional industries is one of the financial needs for the development of rural industries in China. Is that correct?

The scale of traditional industries is one of the financial needs for the development of rural industries in China. Is that correct?

This sentence is correct.

The scale of traditional industries is one of the financial needs for the development of rural industries in China. Rural industry is an important part of rural economy in China, and traditional industry plays an important role in rural industry. The scale of traditional industries can improve production efficiency, reduce costs and enhance the competitiveness of rural industries. The scale of traditional industries needs a lot of capital investment, especially equipment, technology and human resources.

Therefore, rural industries need financial support to meet the needs of large-scale development. Financial institutions can provide financial products and services such as loans and financing, and support rural industries to update equipment, upgrade technology and introduce talents. To promote the large-scale development of traditional industries and the prosperity and growth of rural economy.