AGRICULTURAL BANK OF CHINA(SH:601288) Zhong Guo Jing Ying Bao·2025-08-22 18:54Core Viewpoint - The article highlights the significant role of Agricultural Bank in supporting the economic development and modernization of Tibet, particularly through financial services that enhance local industries and improve the livelihoods of the people [1][2][3][4] Group 1: Financial Support and Services - Agricultural Bank has been a key participant in Tibet's development, focusing on rural revitalization and supporting the real economy by providing financial resources to critical sectors [1] - The bank has introduced various loan products, including "Smart Animal Husbandry Loan" and "Forest Card Loan," to facilitate access to financing for farmers and herders, with a total of over 20 specialized products covering the entire agricultural value chain [2] - As of May 2025, the balance of rural industry loans from Agricultural Bank in Tibet reached 457 billion [2] Group 2: Impact on Local Economy - Over 90% of farmers and herders in Tibet benefit from Agricultural Bank's financial services, with cumulative agricultural loans amounting to 2,589 billion over 30 years, and a current agricultural loan balance of 619 billion, which has increased 70 times since the bank's establishment [3] - The bank has committed to creating over 70 "Rural Revitalization Demonstration Villages" in the next three years, aiming to extend the benefits of financial services to more remote areas [3] - Agricultural Bank has provided 20 billion in loans to support major projects like the Rumei Hydropower Station, which is crucial for local economic development [3] Group 3: Support for Infrastructure and Clean Energy - The bank has invested 7,174 billion in loans to the local economy over 30 years, actively participating in infrastructure projects, urbanization, and clean energy initiatives [4] - Agricultural Bank has supported over 20 clean energy projects, contributing to Tibet's goal of becoming a national clean energy base [4] - The bank's financial support has been instrumental in the development of major projects such as the Sichuan-Tibet Railway and other significant infrastructure projects, with over 100 billion in loans allocated in the past five years [4]