Recently, the Ministry of Water Resources and the Agricultural Bank of China jointly issued a notice on doing the work related to the high-quality development of financial services for the water-saving industry, focusing on the development goals and key tasks of China's water-saving industry, introducing a package of financial service measures. The government and bank cooperate to promote the high-quality development of the water-saving industry and help build a modern water-saving industry system with advanced manufacturing as the backbone. In terms of credit support, the Agricultural Bank will increase its credit resource preferences to actively meet the capital needs of the water-saving industry. Reasonably agree on project loan terms and capital ratios to guarantee the construction of key projects, help relieve financial pressure, and promote the reduction of financing costs for water-saving industries.

Zhitongcaijing · 3d ago
Recently, the Ministry of Water Resources and the Agricultural Bank of China jointly issued a notice on doing the work related to the high-quality development of financial services for the water-saving industry, focusing on the development goals and key tasks of China's water-saving industry, introducing a package of financial service measures. The government and bank cooperate to promote the high-quality development of the water-saving industry and help build a modern water-saving industry system with advanced manufacturing as the backbone. In terms of credit support, the Agricultural Bank will increase its credit resource preferences to actively meet the capital needs of the water-saving industry. Reasonably agree on project loan terms and capital ratios to guarantee the construction of key projects, help relieve financial pressure, and promote the reduction of financing costs for water-saving industries.