CCTV News: In order to do a good job in financial support for flood prevention, disaster relief and post-disaster reconstruction, the People's Bank of China recently added a new re-loan amount of 100 billion yuan to support agriculture and small enterprises, guiding and encouraging financial institutions to increase credit support for business entities in disaster-stricken areas such as Beijing, Hebei, Jilin, Shandong e Gansu, especialmente pequenas e microempresas, famílias industriais e comerciais individuais, bem como empresas agrícolas, reprodutores e agricultores.
In the next step, the People's Bank of China will urge relevant provinces (autonomous regions and municipalities) branches to make good use of the new re-loan quotas for agricultural and primary schools, guide financial institutions to actively connect with the financing needs of flood prevention and disaster relief and post-disaster reconstruction, and support business entities to accelerate the recovery of production and operação.
