BEIJING, May 1 (Xinhua) -- Agricultural Bank of China (ABC), one of the country's largest commercial lenders, saw its total loans reach 23.9 trillion yuan (about 3.36 trillion U.S. dollars) by the end of March, as the bank enhanced financial support for major projects, key areas and weak links of the Chinese economy. The figure rose by 1.2 trillion yuan, or 5.5 percent from the end of 2023, according to the first-quarter financial report of the bank. As of the end of March, the lender's outstanding loans extended to the manufacturing sector exceeded 3.3 trillion yuan, increasing by 373.7 billion yuan from the end of last year. The balance of loans to support emerging strategic industries grew by more than 600 billion yuan to 2.7 trillion yuan, while the outstanding loans for green and low-carbon areas increased by 18.9 percent to 4.8 trillion yuan. In the first quarter, ABC continued its loan support for China's agricultural sector, with the balance of the bank's agriculture-related loans standing at 7.2 trillion yuan at the end of March, accounting for 30.8 percent of the total value of its domestic loans. (Editor:Liao Yifan) |
Queen Letizia and King Felipe of Spain visit Queen Sofia, 85, in hospitalQueen Maxima of the Netherlands wows in blue as she meets students in AmsterdamKate will 'lean on' her trusted nanny Maria Borrallo as she recovers from abdominal surgeryCan you nail which royal women committed these acts of manicure mutiny?Thomas Kingston dies aged 45: How the royal family will form a tight circle of support around muchSandringham House is filled with the spirit of the King's gentleNorway's Arctic north wants to bring in a 26Family use a drone to find their lost dog... and find it playing with a family of wild BEARS!Meghan Markle continues to wear neutral clothing four years on from the Sussex's 'freedom flight'Who could have saved the Middletons' Party Pieces from disaster? A well