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
French sports minister calls for sanctions after Monaco player tapes over anti
PARIS (AP) — France’s sports minister has called for soccer club Monaco to be sanctioned after one o2024-05-21- BERKELEY, Calif. (AP) — Charles Darwin’s theory of evolution. Stephen Hawking on the Big Bang. Milli2024-05-21
Yankees win 7th in a row, beat White Sox 7
NEW YORK (AP) — Aaron Judge and Jon Berti homered into Yankee Stadium’s right field short porch, and2024-05-21Dive team finds bodies of 2 men dead inside plane in Alaska lake
ANCHORAGE, Alaska (AP) — The bodies of two men have been recovered from a plane that was found face2024-05-21Everybody may love Raymond, but Ray Romano loves Peter Boyle
NEW YORK (AP) — “Baffling” is how Ray Romano calls the continued success of “Everybody Loves Raymond2024-05-21A man killed by Phoenix police in a shootout was a suspect in a fatal shooting hours earlier
PHOENIX (AP) — Phoenix police have identified the homicide suspect who was killed in a shootout with2024-05-21
atest comment