On November 13, the Yichang Branch of the Agricultural Development Bank of China and the Three Gorges Agri-businesses Bank held a signing ceremony on strategic cooperation agreements. In the next three years, the two sides will put in a loan of $7.8 billion yuan for the development of "agriculture, rural areas and farmers" in Yichang.

The Yichang Branch of the Agricultural Development Bank of China and the Three Gorges Agri-businesses Bank are the major banks to serve for "agriculture, rural areas and farmers" and support the development of local economy. The Yichang Branch of the Agricultural Development Bank of China features in the field of regional finance and the Three Gorges Agri-businesses Bank has its advantages in business network and fund settlement. To provide customers with convenient, fast and safe financial services, the two parties will carry out all-round cooperation in the aspects of syndicated loan business, agriculture subsidies policy and agency business, with a focus on supporting the construction of rural infrastructure and shanty town renovation project. (Reporters Liu Jinsong, Deng Fucui)