Keywords: China-Banking-Agriculture
Xinhua |
20. 01.
2024
BEIJING, Jan. 20 (Xinhua) — The China Development Bank issued a total of 7.6 billion yuan (about 1.07 billion U.S. dollars) in loans to support agricultural land cultivation last year.
The funds were mainly used to support high-end agricultural land cultivation and infrastructure improvement projects in Sichuan, Hunan, Guangxi, Jiangsu, Xinjiang, Guizhou, Chongqing and Liaoning, it said.
In addition, the bank has established special loans for the cultivation of agricultural land to ensure food security.
Looking ahead, the bank will focus on strengthening weak links, making good use of special loans and taking measures to support agricultural modernization with better financial services. End
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Chinese bank provides more than $1 billion in loans for high-end farmland
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Chinese bank provides more than $1 billion in loans for high-end farmland
2024-01-20 07:37:57
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