China Agricultural Development Bank: As of the end of May, the bank's agricultural infrastructure loans increased by 57% year-on-year.
Since the beginning of this year, the Agricultural Development Bank has actively explored and promoted innovative financial models to support agriculture. By the end of May, the bank's loans for agricultural infrastructure have increased by 57% compared to the previous year, helping to give agriculture production a good start.
According to the information from the China Development Bank, the bank has actively explored and promoted innovative financial support for agriculture since the beginning of this year. As of the end of May, the bank's agricultural infrastructure loans have increased by 57% year-on-year, helping to ensure a good start to agricultural production. In the next step, the China Development Bank will thoroughly implement the decision-making arrangements of the Party Central Committee and the State Council, focus on the requirements of the "Fifteen-Year Plan to Speed up Agricultural and Rural Modernization," based on its functional positioning, optimize resource allocation, continue to increase long-term financing support for key areas such as modern agricultural facilities, farmland construction, seed industry revitalization, and agricultural reclamation, provide targeted services for important agricultural production groups to ensure stable production and supply, help improve the comprehensive production capacity and quality and efficiency of agriculture, and make new and greater contributions to the comprehensive revitalization of rural areas and the construction of a strong agricultural country.
This article was selected from the official website of the China Development Bank, edited by GMTEight: Feng Qiuyi.
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