Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

CBIRC: loans granted to China's small and micro businesses up 19.8 pct in Q1-Q3

November 22, 2018


Abstract : China's small and micro businesses obtained more loan support from banks in the first three quarters this year, according to the China Banking and Insurance Regulatory Commission (CBIRC) on Monday.

贷款

BEIJING, Nov. 22 (Xinhua) -- China's small and micro businesses obtained more loan support from banks in the first three quarters this year, according to the China Banking and Insurance Regulatory Commission (CBIRC) on Monday.

Loans to the small and micro enterprises each with a credit line within 100 million yuan increased 19.8 percent year on year, by the end of the third quarter of 2018.

Meanwhile, the outstanding balance of the banks' agriculture-related loans increased 6.6 percent year on year to 33 trillion yuan.

Loans for credit card consumption and affordable housing projects increased by 27.2 percent and 39.8 percent in the first three quarters of the year, respectively, 14.9percentage points and 27.5 percentage points higher than the average growth rate of various loans. (Edited by Wu Shuang, wushuang2018@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: loan small-and-micro-business

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial