Home / Business / Finance Tools: Save | Print | E-mail | Most Read | Comment
Bank Loans to Energy-consuming Sectors Slow Down
Adjust font size:

The bank loans to China's energy-consuming and high-polluting sectors slowed down in the first five months this year amid the country's efforts to save energy and reduce emissions.

Outstanding loans from major Chinese banks to these sectors stood at 1.5 trillion yuan (US$ 194.8 billion) at the end of May, an increase of 104 billion yuan over the start of the year, the China Banking Regulatory Commission said on Friday.

The January-May period increment was 52.7 billion yuan less than the increase amount in the same period of last year.

The energy-consuming and high-polluting sectors in China include those involving oil processing and coking, chemicals, construction materials, iron and steel, non-ferrous metals, and power.

(Xinhua News Agency July 13 2007)

Tools: Save | Print | E-mail | Most Read

Comment
Username   Password   Anonymous
 
Related Stories

July 18 Beijing
International Copyright Forum
July 19 Shanghai
Shanghai Finance Forum
Sept. 6 – 8 Dalian
Summer Davos Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback
SEARCH THIS SITE
Copyright © China.org.cn. All Rights Reserved E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP证 040089号