China extends more inclusive loans to small businesses
Release time:2024-05-07 13:01:00
BEIJING, May 2 (Xinhua) -- China extended more inclusive loans to small and micro enterprises in the 。
BEIJING, May 2 (Xinhua) -- China extended more inclusive loans to small and micro enterprises in the first quarter of 2024, aiming to facilitate their business, according to data from the central bank. By the end of March, outstanding inclusive loans granted to small and micro enterprises totaled 33.41 trillion yuan (about 4.7 trillion U.S. dollars), up 20.3 percent from a year earlier, the People's Bank of China said. Outstanding loans provided to rural households for production and operations increased 17.1 percent year on year to 9.95 trillion yuan, and outstanding loans to startups rose 0.2 percent year on year to 293.5 billion yuan. The outstanding balance of student loans increased 22.5 percent year on year to 212.9 billion yuan, and outstanding loans to people lifted out of poverty increased 11 percent year on year to 1.2 trillion yuan, according to the data.
(Editor:Wang Su)
Related articles
Skye Wheatley hosts reunion with her I'm A Celebrity co
Skye Wheatley reunited with her I'm A Celebrity... Get Me Out Of Here! Australia co-stars this weeke2024-05-07Children Experience Different Activities During Summer Vacation Across China
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-07Celebratory Atmosphere Ahead of 25th Anniv. of Hong Kong's Return to Motherland
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-07Blueberries Enter Harvest Season in China's Guizhou
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-07Yadav unbeaten ton helps Mumbai end losing streak in IPL
MUMBAI, India (AP) — Suryakumar Yadav’s masterful unbeaten century led Mumbai Indians to a seven-wic2024-05-07Children Experience Different Activities During Summer Vacation Across China
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-07
atest comment