Tag Archives: Banks

Banking Sector In Xinjiang Steps Up Funding To Support OBOR Projects

BEIJING (China), (APP): Northwest China’s Xinjiang Uyghur Autonomous Region’s banking sector has stepped up efforts to support the “One Belt and One Road” initiative by providing loans to projects under the framework, head of the Xinjiang office of the China Banking Regulatory Commission Wang Junshou

Chinese Banks Lend More To Agriculture, Small Firms

BEIJING, (APP/Xinhua): Chinese banks strengthened financial support for agriculture, small-and-micro enterprises and affordable housing projects last year. Outstanding agriculture-related loans stood at 28.2 trillion yuan (about 4.1 trillion U.S. dollars) at the end of 2016, up 7.1 percent year on year, according to a statement