Hundreds of billions of dollars to strengthen China's agriculture
The Agricultural Development Bank of China, one of the main credit institutions of the country has agreed with the Government's policy to provide at least 3 trillion yuan (450 billion USD) worth loans for the modernization of China's agricultural sector by 2020 – agrarszektor.hu wrote.
The Xinhua news agency reported about the huge amount of loan. In the television newsflash, however, it does not appear that whether this commitment is different from that loan plan announced by the bank in May that is also intended to 3 trillion yuan of investment in agriculture by reducing poverty. (Blog.syngenta.hu, agrarszektor.hu)
Related news
The Ministry of Agriculture has issued a notice on the use of ENAR data in support policy
In the case of animal-based subsidies financed from EU funds,…
Read more >
Farmer-centric agricultural policy after 2027 receives unanimous support
The EU member states’ agriculture ministers have adopted Council conclusions…
Read more >
Slow but steady growth in sunflower producer prices
Oil World experts expect a global sunflower seed harvest of…
Read more >Related news
The Christmas season is starting earlier and earlier: value for money is the key
This year, 40 percent of Hungarians brought their Christmas shopping…
Read more >
They want it to be premium, but also sustainable – expectations of the youngest generation
GlobalData’s latest report, “Demographics in Retail and Apparel” – which…
Read more >
In six months, consumers donated 100 million forints to charitable causes through the mandatory redemption system
Through the deposit bottle return system, which began six months…
Read more >
