ABC TO BACK ECONOMIC DEVELOPMENT IN RURAL AREAS
AsiaInfo Services, July, 2006
AsiaInfo Services 07-24-2006 ABC to Back Economic Development in Rural Areas BEIJING, Jul 24, 2006 (SinoCast via COMTEX) -- Agriculture Bank of China president Yang Mingsheng says the lender will make efforts to support economic development in rural areas. Apart from making more loans, the bank will also help to boost economic structure adjustment and improve infrastructure in rural areas, create more jobs for rural residents, and enhance comprehensive production capability. Agriculture Bank of China is the only state-owned commercial lender with a professional service and management system on rural credit in the country.
By the end of last year, it made nearly CNY 1 trillion agriculture-related loans, which was the biggest amount compared with those lent by...
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