Core Insights - The article highlights the significant impact of financial support on the agricultural development in Jia Yu County, particularly in the vegetable industry, showcasing the successful implementation of credit loans and innovative financial products to enhance productivity and income for local farmers [1][2][8] Financial Support and Agricultural Development - Jia Yu County has implemented the "Two Farmers Credit Loan" program, providing timely and favorable credit loans to agricultural enterprises, with a notable example being Hubei Jinrun Agricultural Development Co., which received a credit loan of 5 million yuan [2][3] - The actual financing cost for enterprises benefiting from fiscal interest subsidies is only 2.75%, significantly reducing their borrowing costs and enabling more investment in research and development [2][3] Crop Production and Innovation - The agricultural base in Jia Yu County cultivates over 2,000 vegetable varieties annually, with 300 varieties currently in trial, including the "Siterdan" cabbage seed, which has a 20% higher yield than ordinary varieties and fills a market gap for winter cabbage [3][8] - The vegetable planting area in Pan Jia Wan Town spans 100,000 mu, generating an annual output value exceeding 1 billion yuan, positioning it among the top ten agricultural specialty towns in China [3][8] Financial Institutions and Services - Jia Yu Rural Commercial Bank has established a comprehensive credit system, achieving a high registration rate of 96% among local vegetable producers, and aims to cover 80% of the vegetable industry loan market by the end of 2027 [4][5] - The bank has launched various tailored financial products, such as "Jia Nong Loan," which assesses credit based on planting area, thus incentivizing larger-scale farming operations [5][6] Policy Support and Infrastructure Development - The People's Bank of China has allocated a special re-lending quota of 100 million yuan for the vegetable industry in Jia Yu County, facilitating the launch of multiple credit products [6][7] - Infrastructure improvements, such as irrigation systems and access roads, have been funded through loans, enhancing the efficiency of vegetable production and transportation [7][8] Economic Impact - By the end of September, Jia Yu County saw an increase of 2.7 billion yuan in agricultural loans, a year-on-year growth of 17.3%, with vegetable planting area expanding to 460,000 mu and annual output value surpassing 6 billion yuan [8]

Core Viewpoint - The financial support in Jia Yu County is significantly enhancing the agricultural sector, particularly in vegetable cultivation, through innovative credit products and services tailored to the needs of farmers [3][4][12]. Financial Support and Credit Innovations - The Agricultural Bank of China provided a credit loan of 5 million yuan to Hubei Jinrun Agricultural Development Co., which has a planting area of 8,250 acres and is focused on green vegetable cultivation [3][4]. - As of September 20, the Agricultural Bank in Jia Yu County has granted credit of 16.79 million yuan to 59 vegetable growers and 7.3 million yuan to 28 livestock farmers, effectively addressing funding bottlenecks [4]. - Jia Yu County has established a multi-layered rural financial service system, with agricultural loans reaching 9.86 billion yuan, a year-on-year increase of 18.3% [4]. Innovative Financial Products - Jia Yu Rural Commercial Bank launched the "Jia Nong Loan" series, which calculates credit value based on planting area, allowing larger areas to receive higher credit limits [6][10]. - The bank has issued loans totaling 89.13 million yuan under the "Jia Nong Loan" program, benefiting 260 households [6]. - The bank's innovative approach has led to a 173.67% year-on-year increase in the balance of re-loans for supporting agriculture and small businesses, reaching 466 million yuan [6]. Infrastructure and Service Expansion - The establishment of 75 village service points has improved access to financial services, allowing villagers to conduct transactions conveniently [7]. - The bank's efforts have resulted in a significant increase in the number of loan clients, surpassing 18,300 by mid-year [13]. Impact on Agricultural Development - The financial support has led to an expansion of vegetable planting areas to 460,000 acres, generating an annual output value exceeding 6 billion yuan, contributing to an increase in per capita income for farmers by over 10,000 yuan [12][13]. - The Agricultural Development Bank has invested 90 million yuan in projects aimed at upgrading agricultural infrastructure, enhancing irrigation and access to fields [12]. Conclusion - The integration of financial services with the agricultural sector in Jia Yu County is fostering a robust environment for vegetable production, demonstrating the effectiveness of targeted financial strategies in rural development [12][13].