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) |
Felix Rosenqvist career turnaround continues as Swede gives Meyer Shank Racing 1st IndyCar poleGeri and Christian Horner 'in talks to film flyCologne left contemplating Bundesliga relegation after home loss to lastArsenal back on top of English Premier League after win over WolvesBrentford routs Luton 5Cologne left contemplating Bundesliga relegation after home loss to lastWealthy residents are fleeing LA, San Francisco and Orange County to littleAvs forward Jonathan Drouin out with lowerSouth Dakota man sentenced to nearly 90 years in prison for his baby son's 2021 deathTrump picks up more national delegates as the only choice for Wyoming Republicans