In the first quarter, special loans issued by China Development Bank for farmland construction doubled year-on-year. CDB has focused on providing medium- and long-term financing support for areas such as new construction and renovation of high-standard farmland.
In the newly built high- standard farmland, the mechanization rate of crop farming has reached 100%, which has reduced labor costs by more than 80% and machinery expenses by 18%. Contribute to the modernization of agriculture and rural areas and accelerating the construction of a strong agricultural country.