At the end of May, the Agricultural Infrastructure loan issued by China Development Bank increased by 57% year-on-year.
According to the China Development Bank, since the beginning of this year, the bank has actively explored and promoted innovative financial support models for agriculture. By the end of May, the bank's agricultural infrastructure loans had increased by 57% year on year, helping to ensure a good start for agricultural production. The China Development Bank stated that in the next step, it will closely follow the requirements of the "Fifteen-Year Plan to Accelerate Agriculture and Rural Modernization", adhere to 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 land reclamation development, provide tailored services to ensure stable production and supply of important agricultural products, help improve the comprehensive production capacity and quality benefits of agriculture, and make new and greater contributions to serving the overall revitalization of rural areas and building a strong agricultural nation.
Latest

