This newspaper reports (by reporter Zhang Bingjie) that in recent years, the Agricultural Development Bank of China (ADBC), anchoring its role as a major bank serving national food security, has built a credit product system with grain purchase, sale, and storage as its core, and serving the "two reserves" strategy and practicing the "Greater Food Concept" as its two wings, effectively ensuring a stable and secure supply of grain and important agricultural products. Since the beginning of this year, the bank has cumulatively issued over one trillion yuan in loans to support this "Greater Food Concept."
The Agricultural Development Bank of China (ADBC) has been coordinating policy-based grain reserves and market-oriented sales to ensure sufficient supply and stable prices of grain and important agricultural products. It has diligently implemented national macro-control policies, fully guaranteeing the supply of funds for central and local government reserves, rotation, and regulation, and effectively fulfilling its role as a specialized bank for policy-based grain reserves. Since the beginning of this year, the bank has provided nearly 500 billion yuan in loans to support the circulation of grain and important agricultural products.
In line with the strategy of "storing grain in the land and storing grain in technology" and the new round of action to increase grain production capacity by 100 billion jin, the Agricultural Development Bank of China (ADBC) actively supports the research and development and application of scientific and technological achievements in modern seed industry, agricultural machinery and equipment, and smart agriculture, helping to expand national food security from "reserve security" to "production capacity security." Since the beginning of this year, the bank has cumulatively provided nearly 270 billion yuan in loans related to grain, farmland, and agricultural technology.
While maintaining strong support for the traditional grain industry, the bank actively expands the breadth and depth of its services, continuously increasing credit support for the development of the "big food" system, including marine fisheries, vegetables and fruits, and under-forest economy, striving to extend the support chain of the entire grain industry chain. Since the beginning of this year, the bank has cumulatively provided over 150 billion yuan in loans to support the development of the entire grain industry chain and over 90 billion yuan in loans to explore and expand food sourcing channels.
