China extends more inclusive loans to small businesses
Release time：2024-05-07 14:54:35 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：REVEALED: Michelin Guide names its first
- Next：Overseas businessmen show confidence in Hong Kong's business environment
Related articles
- Strictly's Katya Jones, 34, shares fears over her 'maternal clock' amid busy dance schedule
- Man who won primary election while charged with murder convicted on lesser charge
- Worker electrocuted while doing maintenance on utility pole in upstate New York
- Stars waited late to find out they get playoff rematch against the defending Stanley Cup champions
- Yadav unbeaten ton helps Mumbai end losing streak in IPL
- Debate over tight end value hovers over Brock Bowers' draft prospects
- Federal officials are investigating a Rockies coach's cockpit visit during a United flight
- NFL draft will include many Michigan men, maybe enough to break record set by 2022 Georgia Bulldogs
- Chinese scientists create mutant Ebola virus to skirt around biosafety rules
- Federal officials are investigating a Rockies coach's cockpit visit during a United flight
- Boca Raton's most expensive waterfront property sold for $40M
- Georgia gymnastics coach Courtney Kupets Carter is fired after 7 seasons, no NCAA titles
- Collin Morikawa part of 4
- Previewing the 1st round of the NBA playoffs, which start on Saturday
- Lawsuit alleges decades of child sex abuse at Illinois juvenile detention centers statewide
- Third person dies after a Connecticut fire that also killed a baby and has been labeled a crime
- Priest resigns from Michigan church after protests over his criticism of a gay author
- Man who won primary election while charged with murder convicted on lesser charge
- Here's where Biden and Trump stand on 10 key issues
- Worker electrocuted while doing maintenance on utility pole in upstate New York
Random recommendation
Engineer Plays Vital Role Building Padma Bridge in BangladeshACWF Releases Q&A EMCA, ACWF Promote Harmony Within FamiliesNational ParentChina's NCPA to present opera by Richard WagnerIn pics: torch relay of 4th Asian Para Games in Hangzhou20 Women Model Medical Workers in AntiACWF Encourages Women Entrepreneurs to Contribute to COVIDACWF Holds Training Session on Women's Volunteer Work in S China's GuangxiACWF Launches Campaign to Salute Women Role Models in Anti
- Copyright © 2024 Powered by China extends more inclusive loans to small businesses ,Stellar Scope news portal sitemap