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 articles:
Related suggestion:
China, France pledge closer tiesPeng urges German chorus to use music as bridgeWang wraps up tour of New Zealand, AustraliaNations to enhance BRI tiesChinese Embassy strongly condemns UK's baseless cyberattack accusationsStates follow Texas on immigration billChina Coast Guard responds to trespassing of illegal Philippine shipsChinese Embassy strongly condemns UK's baseless cyberattack accusationsPressure mounts on Israel to spare RafahWashington draws flak for sending wrong signal
3.0689s , 6497.9453125 kb
Copyright © 2024 Powered by China Development Bank doubles loan support for farmland work ,Earthly Exploits news portal