{"id":49364,"date":"2023-03-28T01:18:00","date_gmt":"2023-03-28T01:18:00","guid":{"rendered":"https:\/\/thefreezonechannel.com\/?p=49364"},"modified":"2023-03-28T01:18:08","modified_gmt":"2023-03-28T01:18:08","slug":"chinas-policy-bank-establishes-special-loan-for-development-official","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/chinas-policy-bank-establishes-special-loan-for-development-official\/","title":{"rendered":"China`s policy bank establishes special loan for development \u2013 Official"},"content":{"rendered":"<p>China Development Bank, one of the country\u2019s policy banks has decided to establish a special loan programme to upgrade agricultural infrastructure and support farmland development in the country.<\/p>\n\n\n\n<p>The bank Authority said this on Monday that by 2030, the special programme would provide financing support for over 40 million mu, about 2.67 million hectares of land.<\/p>\n\n\n\n<p>\u201cThe move aims to ensure the supply of important farm produce and accelerating agricultural modernisation.<\/p>\n\n\n\n<p>\u201cFunds from the program will be used to develop new high-standard farmlands, improve existing farmlands and promote the application of information technology in the sector, among others,\u2019\u2019 the authority said.<\/p>\n\n\n\n<p>The bank also pledged continued efforts to leverage development-oriented financial instruments and roll out more favourable credit policies to support farmland development in the future.<\/p>\n\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-49364\" data-postid=\"49364\" class=\"themify_builder_content themify_builder_content-49364 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->","protected":false},"excerpt":{"rendered":"<p>China Development Bank, one of the country\u2019s policy banks has decided to establish a special loan programme to upgrade agricultural infrastructure and support farmland development in the country. The bank Authority said this on Monday that by 2030, the special programme would provide financing support for over 40 million mu, about 2.67 million hectares of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":22824,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[949,241],"tags":[140],"class_list":["post-49364","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-foreign","tag-china","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China`s policy bank establishes special loan for development \u2013 Official - The Freezone Channel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thefreezonechannel.com\/old\/chinas-policy-bank-establishes-special-loan-for-development-official\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China`s policy bank establishes special loan for development \u2013 Official - The Freezone Channel\" \/>\n<meta property=\"og:description\" content=\"China Development Bank, one of the country\u2019s policy banks has decided to establish a special loan programme to upgrade agricultural infrastructure and support farmland development in the country. 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