Page 5 - 2018债券社会责任报告英文版
P. 5

PREfACE




                                                      2018 saw the 40th anniversary of the reform and opening
                                                      up of the PRC. It is a milestone year for bond market
                                                      development, as well as the commencing year of high
                                                      quality development in Agricultural Development Bank
                                                      of China (“ADBC”). Under the latest trend of increasing
                                                      pressure for economic downturn, adjustment of macro
                                                      policies, more conflicts in supply and demand for bonds,
                                                      further escalation of regulatory efforts and multiple
                                                      interest hikes by the Federal Reserve, ADBC has kept
                                                      in mind its mission of adhering to the implementation
                                                      of state will, catering to the needs of “Agriculture, Rural
                                                      Areas and Farmers” and abiding by the banking laws,
                                                      and ensured that a good job is done in respect of
                                                      bond issuance. By developing innovation, encouraging
                                                      advancement, constantly enriching the varieties of
                                                      bonds, expanding channels, actively leading in market
                                                      building, strengthening mutual trust and interactions with
                                                      investors, the capital raising capabilities of bonds have
                                                      been steadily enhanced. Through constantly expanding
                                                      efforts to enhance the strength, benefit and wealth of the
                                                      agricultural sector, making solid progress in agricultural
                                                      modernization and construction of new rural villages,
                                                      deepening rural reforms in all aspects and channeling
                                                      social capital back to support “Agriculture, Rural Areas
                                                      and Farmers”, comprehensive services to support
                                                      food safety, poverty alleviation, rural revitalization,
                                                      green development, modernization in agriculture and
                                                      construction of rural villages are available to fill the gaps
                                                      in agricultural and rural development and facilitate the
                                                      stable and sound development of the national economy.

                                                      2019 is the 70th anniversary of the founding of the New
                                                      China, and a crucial year for the building of a moderately
                                                      prosperous society in all aspects. ADBC will proactively
                                                      adapt to new changes, new requirements and new
                                                      trends in domestic and external environment, adhere to
                                                      the overall basic working principle of making progress
                                                      while maintaining stability, insist on new development
                                                      concepts, persist to pursue high quality development,
                                                      fully utilize the bonds financing function, and support the
                                                      rural revitalization strategy with greater determination,
                                                      more powerful measures and premium quality services,
                                                      in order to make new and greater contributions to win the
                                                      battle of “three major alleviations”, achieve progress in
                                                      agricultural and rural modernization and the final victory
                                                      of building a moderately prosperous society in all aspects.
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