Agricultural Development Bank of China

For the major commercial bank, see Agricultural Bank of China.

The Agricultural Development Bank of China (ADBC) is a policy bank of China under the State Council.^[1] The bank was established in 1994 and supports rural infrastructure development.^[2]: 209 Its main responsibilities are to raise funds based on national credit in accordance with national laws, regulations and policies, undertake agricultural policy financial services, act as an agent for the allocation of fiscal support funds for agriculture, and serve agriculture and rural economic development.^[3]

Agricultural Development Bank of China

Native name	中国农业发展银行
Company type	Policy bank
Founded	1994
Headquarters	Beijing , China
Website	www.adbc.com.cn

In 2004, the bank implemented its first bond auction.^[4]: 36

Leadership

Chairmen

Name (English)	Name (Chinese)	Tenure begins	Tenure ends	Note
Xie Xuezhi [zh]	解学智	24 March 2015	October 2020	[5]
Qian Wenhui	钱文挥	October 2020		[5]

Governors

Name (English)	Name (Chinese)	Tenure begins	Tenure ends	Note
Zhu Yuanliang [zh]	朱元樑	October 1994	April 1998	[5]
Xie Xuren	谢旭人	6 April 1998	2000	[5]
He Linxiang [zh]	何林祥	23 February 2000	August 2024	[5]
Zheng Hui [zh]	郑晖	August 2004	March 2015	[5]
Zhu Shumin	祝树民	24 March 2015	December 2017	[5]
Qian Wenhui	钱文挥	December 2017	28 October 2020	[5]
Zhan Dongsheng	湛东升	May 2021		[6]

See also

• Banking in China
• List of national development banks