Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
Chinese banks lend 200 bln yuan for disaster relief, after-quake rebuilding
+ -
10:17, May 10, 2009

 Comment  Tell A Friend
 Print Format  Save Article
The China Banking Regulatory Commission (CBRC) said on Saturday the country's banking industry has issued loans worth of 205.36 billion yuan (30.2 billion U.S. dollars) to Sichuan, Shaanxi and Gansu provinces by March end for earthquake relief and reconstruction.

A total of 168.99 billion yuan went to Sichuan Province. Shaanxi and Gansu received 16.07 billion yuan and 20.31 billion yuan, respectively, said the commission.

The three provinces, all hit by the May 12 earthquake last year, received 12.83 billion yuan in loans for rebuilding houses for 645,000 rural families by the end of April.

The CBRC said it would further encourage credit loans and actively introduce various sources of capital into the quake-hit area.

China's top planning body, the National Development and Reform Commission, said Friday that jobs had been done on the investment of 360 billion yuan (about 52.7 billion U.S. dollars) into post-quake reconstruction by end of April, one-third of the planned total.

The commission said the government now aims to finish most of the reconstruction work in two years, instead of the originally planned three years.

Source: Xinhua



  Your Message:   Most Commented:
Jackie Chan's 'freedom' talk sparks debate
Bias or information gap
Obama shows his smart power
Calf born with two noses
New Yorkers protest against gun violence

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90776/90884/6654407.pdf