China extends more inclusive loans to small businesses
Release time:2024-05-07 19:46:16
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
This week: Retail sales, United Airlines and Netflix earnings
Retail receiptsOn Monday, the government releases its report on retail sales for the month of March.2024-05-07In North Macedonia, two inmates walked out of hospital. Now, police are accused of helping them
SKOPJE, North Macedonia (AP) — Authorities in North Macedonia say 17 police officers serving at a pr2024-05-07Illegal maritime artifacts seized in Beijing
Ninety-one pieces of wild marine animal products seized by a Beijing court in a case handling has be2024-05-07Israel prepared for Iranian retaliation in coordination with US: Military chief
Israel's military chief Herzi Halevi said on Friday that the army was prepared, in close coordin2024-05-07Autumn scenery in Changqing scenic area, Hebei
Aerial photo taken on Oct. 27, 2021 shows the autumn scenery in Changqing scenic area in the west of2024-05-07Members of Team Indonesia attend departure ceremony for Chengdu Universiade
(Xinhua) 13:12, July 26, 2023Members of Team Indonesia attend the departure ceremony for the upcomin2024-05-07
atest comment