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) |
Journalists sign manifesto in defense of Spanish PM and wife, criticize rightSurging auto insurance rates squeeze drivers, fuel inflationUS probes whether Tesla Autopilot recall did enough to make sure drivers pay attentionDefending champion Sabalenka advances at Madrid Open with a 3Bairstow's unbeaten century leads Punjab to highest run chase in IPL historyAlphabet, Snap rise; Intel, Boyd Gaming fall, Friday, 4/26/2024King Charles III to resume public duties after cancer treatmentSurging auto insurance rates squeeze drivers, fuel inflationSurging auto insurance rates squeeze drivers, fuel inflationDefending champion Sabalenka advances at Madrid Open with a 3