World Bank grants China two loans

15:50, May 17, 2010      

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The World Bank executive board recently approved two loans to China for enhancement of food safety standards in Jilin province and road infrastructure construction in Ningxia Hui Autonomous Region.

The World Bank will provide 100 million U.S. dollars to Jilin province to improve the quality of agricultural products and reduce agricultural safety risks. This is the first food-safety project that the World Bank has funded in China and also the largest food-safety project the World Bank has supported worldwide so far.

Another loan in the amount of 250 million U.S. dollars is to improve roads in the Ningxia Hui Autonomous Region.

By People's Daily Online

(Editor:祁澍文)

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