Agricultural production does not depend solely on loans: Agricultural Development Bank provides over 120 billion yuan in loans to support spring plowing and preparation for farming.

date
17/03/2026
As a national policy bank that focuses on supporting the development of agriculture, rural areas, and farmers, the Agricultural Development Bank of China has allocated a total of 180 billion yuan this year to ensure an ample supply of funds for spring plowing and preparation. Currently, the bank has already issued over 120 billion yuan in loans for spring plowing and preparation. As of March 14th, the Agricultural Development Bank of China has issued a total of 127.247 billion yuan in loans for spring plowing and preparation for the year 2026, reaching 72.87% of the total amount planned for the year 2025.