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Shaolin Temple loaned 100 million yuan for renovations

Hall of Pilu undergoes repairs on April 3, 2008. (Xinhua/Wang Song)

The Song Mountain Shaolin Temple signed a loan agreement with the Henan Branch of Bank of China recently. Bank of China will loan more than 100 million yuan to Shaolin Temple for renovations for three years. The temple will use the rights of charging for tickets as collateral.

By People's Daily Online
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