ABSTRACT
The Hutubi Model focuses on asset building, a set of strategies to increase such financial and tangible assets as savings, homes, and businesses of all kinds. Built upon the 1992 rural retirement-insurance programme, the model's loan programme allows account holders to use their individual retirement-insurance cards as collateral for commercial loans. The Hutubi Model demonstrates a successful asset-building programme that meets the needs, offers a path to financial inclusion, and enables participants to build assets across the life course. Although it came to an end in 2010, the Hutubi Model was successful in meeting the needs of local farmers. Created to address some of the limitations in China's rural retirement-insurance policy, the Hutubi Model represents an innovative approach to asset building. The chapter examines the institutional incentives and structures that enabled the programme to help farmers build assets. It then discusses the programme's implications for the development of asset-based social policy in rural China.
