The Agricultural Development Bank of China(ADBC) release an urgency notice

Source:China Cotton Association  Date: 24/November/2006


  The notice says the Agricultural Development Bank of China(ADBC) has responsibility to offer the credit aid for cotton procurement which reflects its function of the agricultural policy bank. The notice requires that the branches of ADBC at various levels will take effective measure to support enterprises to purchase the cotton. Meanwhile, it also reminds the branches to pay attention to the policy risk and market risk, strengthen acuteness and sense of duty, improve the ability to deal with the complicated cotton market problem.
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