Ministry of Agriculture and Rural Affairs: Speed up the relief of the dairy industry, enhance the level of high-quality development of the dairy industry.

date
31/07/2025
The General Office of the Ministry of Agriculture and Rural Affairs issued a notice on accelerating the relief of the dairy industry and improving the level of high-quality development of the dairy industry. It was proposed that local authorities should implement a whitelist system, promptly provide financial institutions with a list of dairy farms with high production and operation levels and good credit, and conduct "point-to-point" financial policy docking. Promote banks to continue to innovate financial products such as "silage loans" to ensure the funding needs for storing silage feed for dairy farms. Eligible projects should be included in the reserve of agricultural and rural infrastructure financing projects, and explore providing support through interest subsidies. Strengthen accurate and effective communication among banks, government agencies, enterprises, and households, guide financial institutions to provide credit support through extension and renewal loans, and avoid blindly withdrawing, cutting off, or limiting loans. Support the inclusion of live dairy cattle and pens in the scope of collateral. Further implement dairy cow-specific insurance policies to ensure comprehensive coverage.