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**Agricultural Development Bank of China Yunnan Branch Achieves Targeted Poverty Alleviation Loan Balance of 94.884 Billion Yuan in 2018, Accounting for 70.22% of Total Loans** Yunnan Net News (Reporter: Li Sha) — On February 25, at the annual work conference of the Agricultural Development Bank of China (ADBC) Yunnan Branch for 2019, it was revealed that in 2018, the branch remained committed to its primary responsibility of supporting agriculture. With substantial financial investments, the bank fully supported rural revitalization and poverty alleviation efforts in Yunnan Province. Over the year, the branch issued a total of 35.066 billion yuan in various loans and restructured bonds worth 23.797 billion yuan. By the end of 2018, the loan balance reached 135.116 billion yuan, marking an increase of 14.58 billion yuan from the beginning of the year, with a growth rate of 12.10%. Among the achievements, the bank issued a total of 22.763 billion yuan in targeted poverty alleviation loans, and the loan balance for this category reached 94.884 billion yuan, which accounted for 70.22% of the branch's total loan balance. Additionally, the loan balance for rural circulation system construction ranked first across the entire ADBC system nationwide. In 2018, the Yunnan Branch accelerated its innovation and transformation efforts, introducing the “Heqing Model” of bridge loans for poverty alleviation. A total of 1.542 billion yuan was issued under this model during the year, which has since been promoted across the ADBC system, with four provincial branches visiting Yunnan to learn from the experience. The branch also focused on exploring new models for rural land transfer and large-scale farming loans, known as the “Farmland + N” model. Throughout the year, 19 projects under this model were approved, with loans totaling 3.3 billion yuan, and for the first time, an 800 million yuan loan was issued for a Public-Private Partnership (PPP) project supporting urban redevelopment. To fully support rural revitalization, the Yunnan Branch prioritized food security and modernizing agriculture. In 2018, it issued 3.075 billion yuan in grain and oil storage loans, helping enterprises purchase and store 1.041 billion kilograms of grain and oil, accounting for 57% of the grain purchase market share. This reinforced the bank’s role as the principal provider of credit for grain storage. Focusing on critical infrastructure gaps such as housing renovation, water conservancy, and rural living environments, the branch significantly increased its loan support. By the end of 2018, the loan balance for infrastructure projects had reached 71.214 billion yuan, an increase of 10.093 billion yuan, accounting for 52.71% of the total loan balance. The branch also supported thriving industries by issuing a total of 33.29 billion yuan in loans to 646 real economy enterprises, resulting in a loan balance of 97.716 billion yuan. Over 62% of the loans to agricultural enterprises were provided at the benchmark or lower interest rates, reducing their financing costs by 270 million yuan. In 2018, the Yunnan Branch fully embraced its role as a key financial service provider for poverty alleviation, focusing on regions and sectors crucial to the anti-poverty campaign. By year-end, the loan balance in 27 deeply impoverished counties reached 19.213 billion yuan, representing 14.22% of the total loan portfolio. Of this, the loan balance in the "Three Regions and Three Prefectures" reached 5.339 billion yuan, accounting for 3.95% of the total loan balance, with a growth rate 3.27 times higher than the overall average. In Maguan County, which is one of the ADBC's designated poverty alleviation points, the loan balance reached 2.283 billion yuan, reflecting a 75.48% increase from the beginning of the year. To promote rural industry prosperity and assist Yunnan in its fight against poverty, the branch issued a total of 8.418 billion yuan in targeted loans for poverty alleviation in special industries, with a loan balance of 13.174 billion yuan, benefitting 58,000 people in registered poor households. It also issued 12.245 billion yuan in infrastructure poverty alleviation loans, with a loan balance of 47.358 billion yuan, up by 6.82% from the beginning of the year. Additionally, loans totaling 2.1 billion yuan were issued for tourism, internet, education, and comprehensive poverty alleviation projects. For the “One Enterprise, One Village” poverty alleviation initiative, the loan balance for 28 participating enterprises reached 1.503 billion yuan. Moreover, in response to major natural disasters such as floods and earthquakes in counties like Lijiang, Luxi, Xichou, and Tonghai, the Yunnan Branch opened a “green channel” for loan processing. It issued 520 million yuan in emergency disaster relief loans, helping local governments alleviate the financial pressure for disaster recovery efforts.