China's banks issue loans to finance micro- and small-enterprises

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Source: China.org.cn
© scanpix/Reuters

The China Banking Regulatory Commission announced that three banks can issue 110 billion yuan bonds to provide loans for micro- and small-enterprises. The measure is aimed at stimulating development of small firms as they experience difficulties in raising finance, especially after government's credit restriction policies. Loans to small companies amounted 8.8% of all loans in September.  

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Mon, 14 Nov 2011 08:58:58 GMT

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Mon, 14 Nov 2011 10:12:53 GMT

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