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In 2020, the Agricultural Bank of China will take the construction of financial services for water conservancy as an important focus to promote poverty alleviation and support the development of the real economy, improve its comprehensive service capabilities, and achieve remarkable results. As of the end of 2020, the balance of agricultural bank water conservancy loans reached 389.1 billion yuan, an increase of 28.7 billion yuan from the beginning of the year and an increase of 9.6 billion yuan year-on-year.

　　The Agricultural Bank took the initiative to connect with the water conservancy authorities, formulate special service plans, and support the construction of major national water conservancy projects. Integrate financial services for water conservancy construction with assistance in poverty alleviation and support water conservancy for poverty alleviation. As of the end of 2020, the balance of the Agricultural Bank of China's water conservancy construction loans in 832 key national poverty alleviation counties reached 117 billion yuan, an increase of 7.7 billion yuan from the beginning of the year.

　　Focusing on the construction of high-standard farmland, large-scale irrigation areas, efficient water-saving irrigation and small-scale farmland water conservancy facilities, the Agricultural Bank of China provides timely and comprehensive financial support. Increase policy support and give priority to meeting the needs of credit funds for disaster relief and post-disaster reconstruction. Since the flood season began in June 2020, a total of 59.7 billion yuan of water conservancy loans have been issued, a year-on-year increase of 25%; and 15.1 billion yuan of water conservancy loans have been extended to 7 provinces (municipalities) with severe floods, a year-on-year increase of 67%.

　　In the service of water conservancy construction, the Agricultural Bank of China actively innovated, optimized exclusive products, introduced differentiated support policies, and improved the level of comprehensive financial services. Revise the "Administrative Measures for Water Conservancy Loans of the Agricultural Bank of China" to focus on standardizing loan targets, expanding loan uses, adjusting loan terms, standardizing management requirements, and improving risk control levels to meet the full-cycle financing needs of water conservancy construction. Promulgated the "Financial Support for 150 Major Water Conservancy Projects Several Policies and Measures" to strengthen credit for major national water conservancy projects by expanding business authorization, allocating strategic economic capital, simplifying business approval procedures, implementing differentiated pricing management, and doing a good job in service docking. Support provides strong support.

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