Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap China Development Bank doubles loan support for farmland work !

China Development Bank doubles loan support for farmland work

Time:2024-05-07 23:25:52 source:Earthly Echo news portal
(Xinhua) 14:37, April 04, 2024

BEIJING, April 4 (Xinhua) -- The China Development Bank (CDB), a major policy bank in the country, has enhanced financial support for farmland development and protection, as well as land productivity improvement across the country this year.

The bank issued 2.59 billion yuan (about 365 million U.S. dollars) worth of special loans for farmland development in the first quarter of this year, more than doubling the amount issued in the same period a year earlier.

To help ensure grain security and stable supplies of agricultural products, the bank has provided medium- and long-term financial support for high-standard farmland development and upgrade in China's 13 major grain-producing regions in recent years.

In the next stage, it will strengthen inclusive financial support in key areas such as infrastructure in rural areas and sci-tech innovation in the agricultural sector, the bank said. 

Related information
  • Book of Xi's Discourses on Sci
  • HK eases restrictions on travel, integrates with national devt
  • Xi Focus: Xi's Inspiring Words for Young People
  • A glimpse of lotus flowers in China
  • Pear trees enter full bloom in Anhui, E China
  • Nanjing County in Fujian develops tourism industry and local economy in sustainable way
  • Xi Story: Paddling Through All Odds on Fact
  • Xi Focus: Xi Inspects Xiong'an New Area, Urges New Progress for 'City of Future'
Recommended content
  • Xi Calls on National Art Museum of China to Build Worldwide Prestige
  • Amazing sea of cloud appears over township in Hubei
  • Autumn scenery in Changqing scenic area, Hebei
  • People enjoy water activities to beat summer heat
  • Over 100 black
  • Main Olympic railway marks 2nd anniversary