ChinaThe Agricultural Development Bank of China has allocated RMB 200 billion in credit funding in advance specifically for autumn grain purchases, to support both policy-based procurement and storage and market-based purchases and ensure orderly procurement.
Broadcast 18 October 2026 · Event date Date not specified
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The Agricultural Development Bank of China has allocated RMB 200 billion in credit funding in advance specifically for autumn grain purchases, to support both policy-based procurement and storage and market-based purchases and ensure orderly procurement.
Translated paragraph context
To coordinate support for both policy-based grain procurement and storage and market-based purchases, the Agricultural Development Bank of China has increased lending and arranged 200 billion yuan in credit in advance specifically for autumn grain purchases, ensuring that procurement proceeds smoothly and in an orderly manner.Original Chinese quote
中国农业发展银行为统筹支持好政策性收储和市场化收购，加大贷款投放力度，已提前安排2000亿元信贷资金专项用于秋粮收购，确保秋粮收购平稳有序进行。