Nanyang to invest 6b yuan in rural revitalization in Neixiang

Nanyang Rural Credit Cooperatives signs a cooperation agreement with Neixiang county government on Oct 26 to help the county's rural revitalization. [Photo/nydt.cn]

Nanyang Rural Credit Cooperatives signed a strategic cooperation agreement with Neixiang county government on Oct 26 to invest 6 billion yuan ($861 million) in helping rural revitalization in the county.

According to the agreement, Neixiang Rural Commerce Bank will spend 6 billion yuan in the areas of rural revitalization from 2018 to 2022. The fund will be used in nine main service areas, including rural infrastructure construction, agricultural industry management, new agricultural management, Internet Plus modern agriculture, rural tourism, rural education, talents recruitment, financial poverty alleviation and green agriculture.

The cooperation between the bank and the Neixiang government will promote the comprehensive upgrading of rural agriculture, rural progress and development for farmers, thus providing strong support for the county's overall rural revitalization.

The signing ceremony of cooperation between Nanyang Rural Credit Cooperatives and Neixiang county government is held at Tiangui Hotel in Neixiang on Oct 26. [Photo/nydt.cn]

Participants watch a promotional video on rural revitalization made by the Neixiang Rural Commerce Bank. [Photo/henan.163.com]