AGRICULTURAL BANK OF CHINA(SH:601288) Ren Min Ri Bao·2025-05-27 22:34Core Viewpoint - The articles highlight the proactive role of Agricultural Bank of China in supporting local agricultural industries through tailored financial products, thereby promoting economic development in rural areas and enhancing the quality of life for farmers [1][2][3]. Group 1: Financial Support for Agriculture - Agricultural Bank of China has provided significant financial support to the pomelo industry in Changshan County, with loans exceeding 180 million yuan to various stakeholders in the industry [1]. - The "Hu You Loan" was specifically designed to meet the funding needs of pomelo farmers, who require substantial capital for land preparation and cultivation over a long growth period of 6-8 years [1]. - In Taishun County, the bank introduced the "Shun Tea Loan," providing 9.8 million yuan to support the upgrade of tea processing equipment, benefiting over 1,200 tea businesses with a total loan issuance of 170 million yuan [2]. Group 2: Innovative Financial Products - The bank has developed specialized loan products such as the "Marine Aquaculture Live Collateral Loan - Mussel Loan," which allows farmers to use their mussel stocks and associated rights as collateral, addressing the issue of insufficient traditional collateral [2]. - This innovative approach has resulted in the issuance of over 9 million yuan in mussel loans, demonstrating the bank's commitment to supporting local aquaculture [2]. Group 3: Strategic Goals and Initiatives - The Agricultural Bank of China aims to enhance its support for agricultural development as part of its broader strategy to promote high-quality development and common prosperity by 2025 [3]. - The bank is focusing on creating a distinctive agricultural support brand and expanding its online inclusive loan offerings, such as "Huinong e-loan," to better serve farmers and agricultural enterprises [3].