BEIJING, July 3 -- China will offer more small loans to the impoverished as part of efforts to win the battle against poverty, according to an official circular.
The circular, jointly released by the China Banking and Insurance Regulatory Commission and other three government departments, pledged wider coverage of microloans for poverty alleviation and consistent implementation of existing policies.
To mitigate the impact of COVID-19 on poor borrowers, the repayment period for poverty alleviation microloans will be further extended, said the circular.
It also stressed more efforts to control the risks of poverty alleviation microloans.
Launched in 2017, the microcredit product refers to loans under 50,000 yuan (about 7,078 U.S. dollars), with favorable terms, to support poor families.
China has offered 444.35 billion yuan in poverty alleviation micro-credit support as of the first quarter this year, contributing to the cause of helping the poor develop production, shake off poverty and become rich, as well as advancing the development of financial markets in poverty-stricken regions.
【名师小课堂】2017届高三英语新人教版一轮复习阅读写作技能课件:24 写好长句的技巧
【名师小课堂】2017届高三英语新人教版一轮复习阅读写作技能课件:18 基本句型的扩展(3)
外媒看中国:越来越普涨的中国婚礼,心累!
注意力不集中?原来这是一种大脑的疾病
【名师小课堂】2017届高三英语新人教版一轮复习阅读写作技能课件:9 简单句的六个基本句型(3)
艾玛•沃特森推掉《爱乐之城》错失奥斯卡?
3年高考2年模拟1年原创备战2017高考精品系列之英语:专题15 完形填空之记叙文类(原卷版)
睡前做好3件小事,次日即可提高工作效率!
BBC推荐:3月必读书单
国内英语资讯: Across China: Taiwan firms confidence in mainland market
在完全陌生的环境,建立人际关系也没问题!
国内英语资讯: China returns imported ROK food over irregularities
【名师小课堂】2017届高三英语新人教版一轮复习阅读写作技能课件:20 代词在阅读理解中的两种考法
如果CEO问出你不知道答案的问题,该如何应对?
国内英语资讯:China to adjust trade growth pattern: commerce minister
国际英语资讯:Interview: Expert calls THAAD Trojan horse in S. Korea ahead of presidential election
向奥巴马学习管理之道
停止抱怨,快乐生活
3年高考2年模拟1年原创备战2017高考精品系列之英语:专题13 特殊句式(倒装句、省略句、强调句)(原卷版)
2017政府工作报告要点回顾