China's policy bank supports poverty relief, agriculture

Source: Xinhua| 2019-01-30 19:11:38|Editor: Li Xia

BEIJING, Jan. 30 (Xinhua) -- China's rural policy bank continued financing support for poverty relief and agricultural development last year.

The Agricultural Development Bank of China (ADBC) directed loans of 389.3 billion yuan (around 57.81 billion U.S. dollars) to poverty relief in 2018, according to the bank's annual work conference.

The bank's outstanding loans to agricultural modernization surpassed 200 billion yuan at the end of December.

ADBC chairman Xie Xuezhi said the bank will step up efforts to bolster local industries in poverty-stricken areas this year.

With new loans of 1.8 trillion yuan last year, the ADBC's outstanding loans amounted to 5.14 trillion yuan, up 9.7 percent year on year.

Established in 1994, the ADBC is under the direct leadership of the State Council to raise funds through a market based on national credit to support the development of agriculture, rural areas and farmers.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001377874321
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
在线播放国产在线一区 | 色妞在线视频网址免费观看国产片 | 视频二区三区中文字幕在线 | 亚洲欧美人成人综合在线观看 | 未满十八免费在线中文字幕 | 亚洲中文另类婷婷久久 |