·Chinese(gb) ·English ·ฉบับภาษาไทย ·Tiếng Việt
WAPWeb Accessibility RSS
Home About Liuzhou Government Liuzhou News Live in Liuzhou Travel in Liuzhou Invest in Liuzhou Interact
Current Location:  Home > Liuzhou News > China
Xinjiang sees surging new loans in H1
Date:2020-07-28  Source:Xinhua

URUMQI, July 27 (Xinhua) -- Northwest China's Xinjiang Uygur Autonomous Region saw a total of 136.84 billion yuan (about 19.54 billion U.S. dollars) in new loans in the first half of this year (H1), up 67.27 billion yuan year on year, which is the highest growth in the past decade, official data shows.

The balance of loans in Xinjiang reached 2.19 trillion yuan during the same period, an increase of 11.8 percent year on year, according to the Urumqi central sub-branch of the People's Bank of China.

In H1, new loans to Xinjiang's agrilculture-related sector totaled 52.17 billion yuan, 12.8 billion yuan more than the total new loans in the sector last year. New loans to small and micro enterprises reached 62 billion yuan, more than last year's total as well.

Data also shows that at the end of June, the balance of loans to the agriculture-related sector rose 11.1 percent year on year to 808.51 billion yuan, while that of small and micro enterprises was 416.73 billion yuan, up 34.2 percent.

The Urumqi sub-branch of the People's Bank of China used a variety of tools in H1 to guide commercial banks to boost loan support in a bid to facilitate epidemic prevention and control as well as work and production resumption. Enditem

   Print   To Top    Close  

Related Articles

China's agricultural product wholesale prices edge up
China's economy to grow 2.5 pct this year: Bloomberg report
Pokémon sets up wholly-owned subsidiary in Shanghai
China's industrial profits up 11.5 pct in June
China has 410,000 5G base stations by June
Tianjin sees over 15 mln cross-border e-commerce orders in H1
China Focus: Tourism in speedy recovery as trans-provincial group tours resume
China's high-tech zones maintain growth amid epidemic
Factbox: Facts about enterprises boosting China's development in spite of COV...
Ant Group unveils new blockchain brand
Home  │ About Liuzhou  │ Site Map  │ Service and Privacy │ FAQ │ Download Forms   │ Contact Us
Copyright (C) 2006 The People's Government of Liuzhou Municipality,All Rights Reserved
Sponsored by Liuzhou Informational Leading Group Office (The Bureau Of The Information Industry Of Liuzhou)
Prepared by Liuzhou Network Management Centre Address:No. 66, Sanzhong Road, Liuzhou, China
ICP Certificate No.05009280