Ministry of Agriculture and Rural Affairs: There are no fraudulent investment and financing projects such as "three-dimensional AI shrimp farming," nor special investment funds.

date
29/10/2026
Title context: Text: The Ministry of Agriculture and Rural Affairs issued a risk alert on October 29, stating that recently, lawbreakers have falsely used the name of ministry staff or experts in the rural revitalization field, distorted the service functions of the financing project library, and spread false information such as project investment being borne by a special fund of the Ministry of Agriculture and Rural Affairs, large low-interest loans not requiring repayment, and products being fully underwritten by the state, or falsely claimed that investment and financing projects could be submitted through special channels, defrauding agricultural business entities of money. Some scams also required local governments to cooperate in providing land and designate state-owned enterprises to advance funds. The Ministry of Agriculture and Rural Affairs stated that all services provided by the financing project library are public welfare in nature and charge no fees; there are no false investment and financing projects or special investment funds such as the "National Agricultural Reinvestment Special Support Loan" or the "Three-Dimensional AI Shrimp Farming Special Fund Project"; there are a total of 26 banks qualified for cooperation with the financing project library, and the relevant credit products all have strict application conditions, approval procedures, and fund supervision requirements.