Agricultural Development Bank of Changsha Tianxin District Branch invested 345 million yuan in loans to start the "first shot"

On the occasion of the New Year's resignation and welcome the new year, the Agricultural Development Bank of Changsha Tianxin District Branch planned and deployed in advance, seized the development opportunity, and realized the opening of the credit business, and issued a loan of 345 million yuan to the Hunan Red Star Market Agricultural and Sideline Products Global Procurement Center (Phase II) project on January 11. So far, the bank has provided a total of more than 1 billion yuan of fund and loan financial support to the construction of the first and second phases of the Hunan Red Star Market Agricultural and Sideline Products Global Procurement Center.

At present, the first phase of the project trading area has been officially opened in January 2021, about 1,200 shops and parking spaces in the trading area have all completed the external investment and business, and the daily trading volume of fruit in the market on the first day of opening has exceeded 11,000 tons. Since its opening, the average daily trading volume has reached more than 8,000 tons, an increase of about 40% over the overall relocation, and has become a demonstration management window for Changsha's "vegetable basket, fruit plate, rice bag" project. After the completion of the second phase of the project, the Global Procurement Center for Agricultural and Sideline Products of Red Star will become the "only and first-class in the country" modern agricultural and sideline product procurement hub center, sitting on the "fruit plate", "vegetable basket" and "meat basin" of 6 professional markets such as fruits, vegetables, grain and oil, and truly realize one-stop "buy global, sell global".

As an agricultural policy financial institution, the Agricultural Development Bank of Changsha Tianxin District Branch will always focus on the development of modern agricultural industries in the province, increase support for the agricultural industry that has "characteristics, markets, benefits, scale, brands, and obvious effects on agricultural enrichment", and comprehensively improve the quality and efficiency of rural industry revitalization. In the follow-up, the bank will strengthen project docking, financing counseling, model innovation and other measures, continue to increase resource investment, continuously improve the level of financial services, and strive to be the vanguard in financial assistance to the revitalization of Changsha's rural areas, and contribute to the high-quality development of the central region.