China Development Bank doubles loan support for farmland work
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
Walmart shutting down its 51 health care clinics, virtual care service
Walmart is closing its health centers and virtual care service after struggling to find success with2024-05-01CJ Abrams homers as Nationals complete 4
MIAMI (AP) — CJ Abrams hit a two-run homer and the Washington Nationals beat the Miami Marlins 7-2 o2024-05-01Gunnar Henderson becomes youngest player to hit 10 homers before May 1 as Orioles defeat Yankees 2
BALTIMORE (AP) — Gunnar Henderson led off the first inning with a homer to become the youngest playe2024-05-01New Mexico reaches record settlement over natural gas flaring in the Permian Basin
ALBUQUERQUE, N.M. (AP) — New Mexico has reached a record settlement with a Texas-based company over2024-05-01Nigerians struggle with fuel shortages as queues form across major cities
ABUJA, Nigeria (AP) — Nigerians were queuing for hours to buy fuel across major cities on Tuesday as2024-05-01Inside Kate Middleton and Prince William's 13
They have been married 13 years and together for more than 20, and while all families have their ups2024-05-01
atest comment