The final round of the 2025 China “Digital Village” Innovation Contest, guided by the Office of the Central Cyberspace Affairs Commission and the Ministry of Agriculture and Rural Affairs, was held in Handan, Hebei Province. With its innovative solutions for digital village, Industrial Bank distinguished itself from strong competitors across the country and won the Second Prize.
The contest, themed “Digital Intelligence Empowering Agriculture and Rural Revitalization,” tapped into and promoted innovative applications of digital technologies in the fields of agriculture, rural areas, and farmers. The Bank’s award-winning project, “AI- and IoT-based Financial Services for Animal Husbandry by Industrial Bank to Promote Inclusive Finance,” combined digital finance with the practical needs of villages. Leveraging financial technologies such as “AI + IoT + edge computing,” the Bank built a digital supervision platform for biological assets that enables full-lifecycle supervision of live animals, covering stocking, on-site management, and removal. It allows bank staff to remotely monitor enterprises’ on-site operations and production, effectively addressing financing difficulties and high financing costs in the industry.
Developing digital villages is a long-term and systemic endeavor. In recent years, Industrial Bank has diligently implemented the decisions and planning of the CPC Central Committee on rural revitalization. It innovatively launched digital platforms such as the Biological Assets Digitalization Supervision Platform, the Satellite Remote-sensing System, and the Smart Market System, incorporating financial services into diversified scenarios such as agricultural production and everyday consumption. It continued to enrich the financial service ecosystem of digital villages and remained committed to channeling more financial resources and innovative technologies to agricultural frontlines, contributing its strength to rural revitalization and modernization. As at the end of September, the balance of the Bank’s agriculture-related loans exceeded RMB540 billion.