The annualized interest rate of spring ploughing loan is between 4% and 8%. In China, the general interest rate of agricultural loans is between 4% and 8%. In addition, you can also enjoy preferential policies such as policy loans and subsidies. The government will support agricultural development through financial subsidies, tax reduction and exemption, and reduce farmers' borrowing costs. Therefore, the annualized interest rate of spring ploughing loan is between 4% and 8%.