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How to Prevent Operational Risks in Grain Banks
When grain market prices are high abroad and low domestically, rice is strong while rice products are weak, wheat is strong while flour products are weak, and funds are exceptionally tight, grain banks play a positive role in many aspects: providing raw materials for grain production, ensuring normal production, easing funding pressure, improving enterprise economic benefits, reducing grain storage losses for farming households
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Cross-year grain and oil purchases receive 210.9 billion yuan in loan support from the Agricultural Development Bank
Information from the Agricultural Development Bank of China shows that from January to April 2015, the bank issued a total of 210.9 billion yuan in various grain and oil purchase loans, an increase of 27.598 billion yuan year-on-year, a growth rate of 15.06%. Of this, grain loans amounted to 207.351 billion yuan, an increase of 27.998 billion yuan year-on-year, a growth
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How banks can make full and good use of support policies for agriculture
Coinciding with the spring plowing season, demand for financial support for agriculture is growing day by day across all localities. The China Banking Regulatory Commission recently issued the "Notice on Doing a Good Job in Rural Financial Services for 2015," requiring banking financial institutions to strengthen their responsibility for agricultural support services and push financial resources to continue tilting toward the "three rural" issues.
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What other services can the Agricultural Bank of China provide to farmers?
"My loan is now repaid quarterly, and during the busy farming season I really can't spare the attention, so it would be great if the repayment cycle could be extended." said Mei Jun, a post-80s family farm owner in Yonghong Village, Touzao Town, Dongtai City, Jiangsu. Nie Ming, a major grain grower from Xintaizi Town, Tieling County, Tieling City, Liaoning
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Government-Bank-Insurance Model Solves the Fiscal Dilemma of Supporting Agriculture
Huicheng District of Huizhou City, Guangdong Province, gives full play to the incentive and policy-guiding role of fiscal funds for supporting agriculture, makes full use of fiscal measures as an important means of resource allocation, actively innovates financing guarantee services, and launches the government-bank-insurance business to leverage social capital into agricultural infrastructure.
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Large-scale grain farming lost over 2 million yuan in 3 years, why did it ultimately go bankrupt?
Liang Ziran, a farmer from Yongchuan, Chongqing, was known as the "Grain King of Ten Thousand Mu." As early as 2009, he contracted over 10,000 mu of farmland for large-scale cultivation. Liang Ziran's contract price was 810 yuan per mu, but the actual payment already exceeded 900 yuan. Over several years, Liang Ziran not
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80% of fertilizers bought online are fake, and farmers who lose their entire harvest can only swallow their grievances
According to statistics from the central bank, in the first half of 2014, China's online shopping users reached 350 million, each person spent an average of more than 3,000 yuan, and total online consumption reached 1.05 trillion yuan, and this figure is still somewhat conservative compared with the e-commerce companies' own data. As online consumption increases, so does
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Organic Vegetables and Meat Appear in Banks: Gimmick or Crowd-Puller?
More and more community banks are launching lifestyle services and taking a differentiated route. "Crossover" is no stranger to most people, but recently a newly opened community financial convenience store in Shunde New Town has attracted considerable attention. This newly opened community bank took a different approach,
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Cotton target price reform launched, Agricultural Development Bank provides 60 billion yuan to ensure money is ready when cotton arrives
To support the cotton target price reform, this year the Agricultural Development Bank of China proposed for the first time a differentiated strategy for Xinjiang and the inland regions, making Xinjiang the focus of credit support, preparing 60 billion yuan in funds and continuing to add more according to purchasing needs, ensuring purchasing enterprises do not run short. Xinjiang in November
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New wheat variety Shangmai 1619 enters the national germplasm resource bank
At the 47th variety approval meeting of the Shaanxi Province Crop Variety Approval Committee, the new wheat variety Shangmai 1619 successfully passed approval. This is the only wheat variety in the southern Shaanxi region to pass approval, and it has been listed in the national wheat germplasm resource bank. Shangmai 1619 was developed in Shang
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