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Chinese banks will increase innovative financial products and services offered to technologically advanced companies, in line with the country's pursuit of high-quality development.
China's Xinjiang handed in a report of solid achievements in 2021, with its GDP expanding 7 percent year-on-year to about 1.6 trillion yuan ($250 billion) despite the COVID-19 onslaught, and the region has seen no violent terrorist attacks for five consecutive years, the local government work report pointed out during the fifth session of the 13th People's Congress of Xinjiang Uygur Autonomous Region, which kicked off on Sunday.
Banks provide preferential financing to foreign trade-related smaller players
China continues to ramp up support for the real economy through various means, including stabilizing foreign trade, supporting technologically advanced small and medium-sized enterprises and fostering green finance for sustainable development, experts said. The country’s banking sector also continues to consolidate its capabilities to serve the real economy－the part of a country’s economy that produces ...
The signing of the US' so-called Uygur forced labor prevention act, the latest move to attack China by hyping up