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Farmers can now get loans more easily, and banks feel safer about lending
They would rather forgo a 100,000 yuan fiscal subsidy and still hope to obtain a 1 million yuan loan. This one remark lays bare the thirst of new-type agricultural business entities for finance. Modern agriculture cannot do without finance, yet "difficult loans" and "expensive loans" have long plagued business entities, becoming "growing pains." Li
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Autumn Grain Bumper Harvest Leaves Farmers Worried, Urging All Sectors of Society to Lend a Hand
According to a survey, the per-unit yield increase of autumn grain in Anqing City, Anhui Province this year is around 3.5%, with total output expected to reach 2.04 million tons, an increase of 130,000 tons over last year. However, the bumper harvest has brought farmers not joy but worry. Although the grain increase reached around 3.5%, judging from the current situation, the autumn grain
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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 is the Zero Growth Action for Chemical Fertilizers being advanced? Cooperation between agricultural enterprises lends a hand
This website news: This year, the Department of Crop Production Management of the Ministry of Agriculture and Sinochem Fertilizer Co., Ltd. carried out in-depth cooperation, innovated service mechanisms, explored new models of scientific fertilization, and achieved fertilizer reduction and efficiency improvement. A pilot for fertilizer reduction and efficiency improvement in corn was carried out in Northeast China. According to new-type operating
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Intelligent Fertilizer Blending and Scientific Fertilization Become the Focus of Modern Agriculture
The Forum on Intelligent Fertilizer Blending and Scientific Fertilization Focusing on Modern Agricultural Development was recently held in Chifeng City, Inner Mongolia. The meeting centered on hot topics including national standards for slow and controlled release fertilizers and the development of new-type fertilizers, the current status of national cultivated land quality and scientific fertilization, how traditional agricultural input distribution should respond to "going online and getting wired," and the development of value-added fertilizer modification, with participating experts engaging in interactive exchanges with dealers and large-scale growers.
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Private lending remains the main channel for farmers' financing
"Nowadays, farming alone can easily cost hundreds of thousands of yuan, and the loan matter still has no clue." Recently, Zhang Tuanjie, head of the Xiangrui Agricultural Planting Cooperative in Shiyuan Township, Qi County, Henan Province, was quite helpless. The Qi County Rural Credit Union, which has been reluctant to grant loans, also has its own difficulties: besides the borrower having few collateral assets, the vegetable planting industry is also easily affected by natural disasters and sales difficulties, making it an industry with relatively high costs and high risks. Farmers' "difficulty in getting loans" and the rural credit union's "difficulty in granting loans" seem like two ropes tied into a dead knot, impossible to cut or untie, restricting farmers from becoming wealthy and the rural credit union's own development.
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Hidden Fundraising and Lending by Agriculture-Related Enterprises: Runaway Cases Sound the Alarm
Reporters interviewing in Hubei, Shandong, Henan, Hebei and other places found that small and micro agriculture-related enterprises, including self-employed businesses and farmers' cooperatives, have in recent years engaged in various forms of fundraising and lending activities in increasing numbers. After absorbing deposits, they on-lend to others at high interest; due to broken capital chains, cases of bosses running away have already appeared in some areas
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Central bank adds 20 billion yuan in relending quota for agriculture
The People's Bank of China announced on the 27th that it will increase the relending quota for agriculture support by 20 billion yuan for some of its branches, guiding rural financial institutions to expand credit lending related to agriculture. A relevant official of the central bank said the move is aimed at implementing the requirement put forward at the State Council executive meeting on July 23 to "step up relending and rediscounting for agriculture and small businesses," and to improve the capacity of financial services to support "agriculture, rural areas and farmers" and other weak links in the national economy.
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Where does agricultural support lending get stuck? Unblocking the lifeblood of rural finance
The sun blazed like fire, and Deng Changhua was burning with anxiety. At the base of the Changhua Nursery Company in Qushui Village, Zhangshu City, Jiangxi, more than half of the 20-plus seedling greenhouses were dilapidated, and Deng Changhua, as the company manager, was busy repairing them with the workers. After eight or nine years of use, these greenhouses should have been retired long ago.
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How to prevent citrus greening disease in navel oranges? Drones lend a hand in Shuangyuan Township, Anyuan County, Jiangxi
Ganzhou, Jiangxi (China Jiangxi Network) - Correspondent Liu Rongqing reports: "Spraying pesticide by drone is just so fast. The workload that normally takes two days with hired workers to spray pesticide was completed by a drone in just one and a half hours," said Liu Chongliang, a large-scale navel orange grower, happily to our reporter while watching the drone. On January 16, Anyuan
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