The municipal administration of Jinhua city – located in East China's Zhejiang province – signed an agreement with the Zhejiang branch of Agricultural Development Bank of China on Aug 26, with the aim of working together to help boost the local economy and improve the prosperity of residents.
Under the agreement, the bank will mobilize its considerable resources and influence as a policy bank, to further increase its support for promoting rural revitalization, improving people's livelihoods, providing benefits to farmers and rolling out more preferential policies for Jinhua.
Xing Zhihong, mayor of Jinhua, makes a point during the signing ceremony between the Jinhua government and the Zhejiang branch of Agricultural Development Bank of China. [Photo/WeChat account: jhfabu]
Xing Zhihong, mayor of Jinhua, who was present at the signing ceremony, said he hoped the bank – also known as ABDC – would further innovate its financial products, expand its agricultural land loans, agriculture-related equity investment and undertake other initiatives, in a bid to better meet the financing needs of Jinhua's development.
Hu Shicai, president of ADBC's Zhejiang branch makes a keynote speech at the signing ceremony. [Photo/WeChat account: jhfabu]
Hu Shicai, president of ADBC's Zhejiang branch, said his organization was determined to provide high-quality and efficient services, to support the development of Jinhua, helping the city in the province's goal of becoming a common prosperity demonstration zone.
