Central bank to give out 100 bln yuan of policy loans
[2008-12-30 17:21:17]
2008/11/12
The People's Bank of China, the country's central bank, said Tuesday it would guide policy banks to make additional 100 billion yuan (US$14.7 billion) of loans by the end of 2008.
The money would go to the construction of key projects and the purchase of agricultural products, the central bank said, without elaborating.
It also encouraged commercial banks to provide supporting loans for projects covered by the central government's investment of 100 billion yuan before the year end.
(Xinhua)
Related Articles:
Most Read
- CNPC to Develop Azadegan Oilfield
(2009-01-19) - China divides investment funds
(2008-12-30) - China's Overseas Contractual Projects up 24.8% in First Two Months
(2009-03-17) - China to Introduce Foreign Investment in Railway Construction
(2009-01-16) - Big energy project launched in NW Ningxia
(2008-12-30) - China, Singapore Invest in New Tianjin Eco-city
(2009-06-04) - FPC,FFC,Connectors and Surface Treatment Project
(2009-01-16) - 150 mln Yuan Per Day for Railway Construction in Yangtze River Delta
(2009-02-20) - Big energy project launched in NW Ningxia
(2009-01-15) - Shanghai Airlines May Get 2b yuan Injection
(2009-02-20)
Related Photos
