The national reserve forest construction financing project is a policy loan project issued by the State Forestry and Grassland Bureau, the Insurance Regulatory Commission of the Bank of China and the Ministry of Finance to support the national strategic reserve forest construction.
The national reserve forest project is a long-term and low-cost financial support to ensure China's future wood security and promote the development of forestry industry. The loan term can be up to 30 years (including grace period), and the loan interest rate is based on the benchmark interest rate of the central bank. State-owned forest farms or local state-owned enterprises with strong technical strength and experience in cultivating native tree species, rare tree species and large-diameter timber.