China extends more inclusive loans to small businesses
Release time:2024-05-07 17:17:23
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
One natural gas transport plan killed in New Jersey as another forges ahead
KEYPORT, N.J. (AP) — A major pipeline that would have moved natural gas through New Jersey and under2024-05-07- The King's 800-strong herd of the UK's rarest cattle breed has welcomed its newest arrivals - coinci2024-05-07
Happy birthday Archie! As the young royal turns five today
When he was born a week overdue at an exclusive London hospital five years ago today, he was, accord2024-05-07Justin Steele returns from hamstring injury as Cubs take on Padres
CHICAGO (AP) — When Justin Steele got hurt on opening day, the big question for the Chicago Cubs cen2024-05-07Turkey formally opens another former Byzantine
ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan formally opened a former Byzantine chur2024-05-07Russia defends veto of UN resolution to prohibit nukes in outer space
UNITED NATIONS (AP) — Russia on Monday defended its veto of a U.N. resolution urging all nations to2024-05-07
atest comment