China Construction Bank Enters Cooperative Agreement with Agricultural Authorities


One of China’s big state-owned banks has entered a cooperative agreement with the country’s agricultural authorities to help drive the national rural village revitalisation policy.

China Construction Bank (CCB) recently executed a strategic cooperative agreement with China’s Ministry of Agriculture and Rural Affairs (MOA) and the National Rural Revitalization Administration (NRRA), for the purpose of “jointly driving finance to service the high-quality development of rural village revitalisation.

Under the cooperative agreement the three parties will engage in “comprehensive, in-depth and close cooperation” across a total of six areas including:

  1. National grain security strategy.
  2. Consolidation and expansion of poverty alleviation results.
  3. Helping rural residents to increase incomes and achieve wealth.
  4. Supporting rural village industries to develop and become strong.
  5. Driving the growth of green agriculture.
  6. Advancing rural village construction campaigns.