Cumulative policy lending from January to May reached nearly 900 billion yuan,
Zhang Xiaodong, vice chairman and president of the Agricultural Development Bank
of China, said. He said improving the effectiveness and precision of inclusive
finance requires institutions to focus on core mandates and coordinate roles:
policy banks should lead by concentrating policy lending on infrastructure-poor,
underdeveloped regions and weak links in agriculture and rural areas to lay the
groundwork for subsequent industry development and commercial credit; large
commercial banks and local small‑to‑medium banks should assume complementary,
targeted roles to raise the efficiency and precision of financial resource
allocation.
