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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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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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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 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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Henan mushroom farmers rent riverbank forest land to develop under-forest shiitake mushroom economy
Recently, the bag-cultivated shiitake mushrooms developed by the Shunlin Edible Fungi Professional Cooperative in Lushi County, Henan Province, have been selling very well. It is understood that since last year, the cooperative has successively rented more than 700 mu of riverbank forest land in Zhang Village and Wang Village of Wenyu Township and Su Village of Fanli Town to grow shiitake mushrooms. This measure has not only developed
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The grain bank model is good, but promoting and applying it is not easy
Grain in Ear is busy, with three or two rounds of work. It is again the wheat harvest season, threshing grain and collecting grain have once more become important matters for farmer friends. How to store the grain once it is brought home is even the most important matter among important matters. Because some farmers store it poorly, some of the grain they have obtained becomes moldy, and some sprouts, causing no small loss.
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How to Break the Bottleneck in Agriculture-Related Credit? Government and Banks Join Hands to Explore a New Path
For small and micro enterprises in agriculture and poor farmers below the medium level, funding is a major problem for their survival and development, which requires providers of "three rural" financial services to uphold the concept of breaking even with small profits. As a weak link in the real economy, the "three rural" sector urgently needs financial
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Important Innovation in Rural Land and Financial Reform
A relevant official of the central bank explains in detail the pilot program for mortgages on the two rural rights. The Opinions focus on meeting the real demand of traditional farmers and new agricultural business entities such as family farms to revitalize the stock assets of the two rights. The Opinions propose that the pilot must be lawful and orderly, voluntary,
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Grain Bank Solves Farmers' Grain Storage Problem
Zhengzhou Lianwanjia Agricultural and Sideline Products Professional Cooperative is located in Langchenggang Town, Zhongmu County, Henan Province. After the cooperative was established in 2012, it contracted 2,600 mu of land in one go, planting wheat and corn on the south bank of the Yellow River, and subsequently contracted contiguous land in two more rounds. By 2014, the grain planting scale
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Risks of Two Rights mortgage loans clarified: Central bank stresses red line on arable land must not be breached
A relevant official of the People's Bank of China answers reporters' questions on issues related to the pilot program for rural Two Rights mortgage loans. Recently, the State Council issued the "Guiding Opinions on Carrying Out the Pilot Program for Mortgage Loans on Rural Contracted Land Management Rights and Farmers' Housing Property Rights," and decided that the People's Bank
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