I would like to extend my sincere greetings to the member institutions of the Asia-Pacific Rural and Agricultural Credit Association. It is an honor for me to assume the role of Chairman of APRACA, and I want to thank all the members for their concerted efforts and outstanding contributions to the building of a better APRACA.

The Asia-Pacific, our shared homeland, is the most densely populated region with one-third of the world’s population, thus it’s very important to promote a sustainable agriculture for an inclusive growth. Since the establishment of APRACA in 1977, as a result of cooperation, collective wisdom, and in a pioneering spirit, we’ve seen remarkable achievements made in a variety of areas from agricultural development, poverty alleviation to carbon emission reduction, making APRACA a strong force in the region in alleviating poverty, promoting inclusive finance, safeguarding food security and invigorating agricultural and rural finance.

Over the past years, APRACA has shared with the world its experience in maintaining food security and supporting green development, and deepened exchanges and cooperation among agriculture-related financial institutions in the Asia-Pacific region. Looking into the future, ADBC will fully fulfill its duty as the chair institution by bringing into full play the platform role of APRACA. We will work with other members to promote exchange and cooperation, expand the membership base, draw up the 2025-2029 development strategic plan, increase financial sustainability, and share experience of agricultural policy finance, so as to contribute to the development of agricultural and rural finance in the Asia-Pacific region.

Keeping in mind the long-term growth of the Asia-Pacific region, we are marching towards a brighter future. We can never build a stronger and better APRACA without the trust and support of it members. ADBC, as a member of the APRACA, has benefited a lot from its cooperation with other members, and in turn, would like to share its development gains with others, by which ADBC will join hands with other members to pursue constant improvement and promote green, inclusive and sustainable agricultural and rural finance, thereby contributing to a promising Asia-Pacific!

Best regards,

QIAN Wenhui

Chairman of Agricultural Development Bank of China

Chairman of APRACA