|
|
 |
 Raymond Zhou:
By jingo, they're mad!  Op Rana:
Consumerism and politics of waste   Ravi S. Narasimhan:
Lessons from SARS have to be applied  Alexis Hooi:
Beyond the death and destruction  China to provide more rural financial services on trial basis
(Xinhua)
Updated: 2008-10-18 14:22 China has decided to start on a trial basis to provide more rural financial products and services in nine provinces, the central bank said. In a statement posted on its official website late Friday, the People's Bank of China (PBOC) said it had joined hand with the China Banking Regulatory Commission to issue a guideline document, asking commercial banks to improve their financial services in rural areas. PBOC said such financial services would be first started on a trial basis in grain-producing areas and counties with solid economic development in six central provinces and three northeastern provinces. The central bank required commercial banks to improve their service network in the countryside and divert more funds to support rural economic growth. Chinese commercial banks were?ordered to provide more petty-sum credit loans and group guarantee loans to farmers. They were also asked to create more loan guarantee methods. The nine provinces were Anhui, Shanxi, Henan, Hubei, Hunan, Jiangxi, Heilongjiang, Jilin and Liaoning. PBOC said each province was allowed to select two or three county-level areas and allow commercial banks to start trial operations. The decision was designed to push forward the financial reform in the countryside and renovate the financial system in rural areas, which was stated in the communique adopted by the Third Plenary Session of the 17th Communist Party of China Central Committee, according to the central bank. The plenum, which focused on issues concerning rural reform and development and ended on Sunday, said in the communique it would strive to double the per-capita disposable income of rural residents by 2020 from the current level. 
|
阿克苏市| 万年县| 广水市| 赣榆县| 平定县| 水城县| 北安市| 修文县| 阳高县| 新田县| 新营市| 郎溪县| 阆中市| 海淀区| 龙南县| 大理市| 朝阳县| 团风县| 蒲城县| 浑源县| 永春县| 咸宁市| 宜良县| 岳普湖县| 射阳县| 广元市| 拜城县| 敖汉旗| 德安县| 北流市| 米林县| 伊宁市| 澎湖县| 凤山市| 连山| 贡山| 新河县| 盐山县| 肃宁县| 阿克苏市| 凉城县|
