China Agricultural Development Bank is the only agricultural policy bank directly under the leadership of the State Council in China. 10, the Notice on the Establishment of China Agricultural Development Bank (Guo Fa 199425) was issued. Its main responsibilities are to raise funds, undertake agricultural policy-oriented financial business stipulated by the state, and allocate financial funds for supporting agriculture as an agent to serve the development of agriculture and rural economy.

China Agricultural Development Bank is a central financial enterprise and the only agricultural policy bank in China directly under the State Council. Established in June 1994 1 1. The main responsibility is to raise funds based on national credit, undertake agricultural policy-oriented financial business, allocate financial support funds for agriculture on behalf of the state, and serve the development of agriculture and rural economy.

The Ministry of Finance of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China recently issued the Notice on Preferential Business Tax Policies for Agricultural Loans of China Agricultural Development Bank, specifying that1October 20 16 1 20 18 12 3 1 provide agricultural loans to the head office and its branches of China Agricultural Development Bank. Including agricultural and rural infrastructure construction, water conservancy construction loans, rural land circulation and large-scale business loans, farmers' centralized housing construction, rural human settlements construction, and agricultural shantytown renovation loans, business tax is levied at a reduced rate of 3%.

Since CCB, China Agricultural Development Bank has made progress in exploration and developed in reform, and has gone through an extraordinary course. China Agricultural Development Bank, guided by Scientific Outlook on Development, conscientiously implements the spirit of the 57th executive meeting in the State Council in 2004, resolutely obeys and serves the national macro-control, fully implements the national policy of strengthening agriculture and benefiting farmers, and regards the realization of good social benefits as the most important value pursuit. By 20 13, a business development pattern has been formed, with supporting the national grain and cotton purchasing and selling and purchasing business as the main body and supporting agricultural industrialization and agricultural and rural infrastructure construction as the two wings. The framework of modern banking has been initially established, and its operating performance has achieved a major leap forward, effectively playing the backbone and pillar role of rural finance.

With the comprehensive promotion of new socialist countryside construction and the deepening of rural financial system reform, China Agricultural Development Bank has entered an important period of development opportunities. Standing at a new starting point and facing new opportunities, China Agricultural Development Bank will, as always, put the implementation of the policies of the party and the state in the first place, further play the role of policy banks in serving the macro-control of the country and promoting the development of agriculture, rural areas and farmers, and strive to be a government bank; We will, as always, persist in reform and innovation, actively cooperate with the external supporting reform of China Agricultural Development Bank, and strive to build a modern agricultural policy bank according to the requirements of reasonable development space, scientific governance structure, sound system and mechanism, standardized management, advanced management means and sustainable development capability; We will, as always, focus on supporting the purchase, sale and storage of national grain and cotton, focusing on supporting agricultural industrialization, agricultural and rural infrastructure construction and ecological agriculture construction, and strive to cultivate the brand image of "building a new rural bank" and be a bank that supports the construction of new countryside.

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