China extends more inclusive loans to small businesses
Release time：2024-05-07 18:44:24 Source：Stellar Scope news portal
-
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）
- Previous：China's Zhangjiajie prepares for reopening
- Next：An Overview of Xi's Diplomacy in Spring 2023
Related articles
- Scenery of Angkor archeological park in Siem Reap, Cambodia
- Media Minister had 'more than enough time' to find solutions
- Dealing with fast spreading pest hits new milestone for Otago Regional Council
- Flood, weather warnings as storm hits Australia
- Xi's Vision Injects Confidence, Wisdom into Forging Closer China
- Department of Conservation proposes 130 job cuts
- More productive land being used for urban development, study finds
- Truth Social: Trump's DJT stock plummets days after going public
- Xiconomics: How China
- Police Minister admits NZ cannot compete with Australian recruitment offer
- China Rolls out Red Carpet for Central Asian Leaders Ahead of Milestone Summit
- China economy update: Evergrande shares plunge 70 per cent
- Hong Kong's Messi mess: A distraction from more important things
- Few voters globally worried about climate change
- Beijing launches 22 tourist routes for ice and snow activities
- Baltimore bridge collapses after being struck by ship, six presumed dead
- 3 Body Problem: Lawyer sentenced to death for Lin Qi murder
- Governor, Congress members to meet over support for rebuilding bridge
- China's Changde boasts great area of wetlands
- Ukraine's Zelensky warns of dwindling air defence missiles
Random recommendation
To invest in China is to invest future: FM spokespersonChina Rolls out FiveChina to Boost PublicPeople Pay Tribute to Deceased on TombChina to Boost PublicDomestic Brands Attract Young ConsumersSurvey Highlights Sources of Anxiety in Young ChineseExperts Highlight Tibet's Achievements in Promoting Culture, People's WellChina to Increase Per Capita Sports Area to 2.6 SQM in 2025Xinhua Headlines: From Serfdom to Freedom — Tibet's Progress on Democracy, Human Rights
- Copyright © 2024 Powered by China extends more inclusive loans to small businesses ,Stellar Scope news portal sitemap