China sees more inclusive finance loans in H1

BEIJING, Aug. 1 (Xinhua) — China has issued more inclusive finance loans in the first half of this year (H1) amid the introduction of government policies to support companies and individuals hit hard by the COVID-19 epidemic, official data showed. By the end of H1, outstanding inclusive finance loans stood at 19.72 trillion yuan (about 2.82 trillion U.S. dollars), up 20.7 percent year on year, data from the People’s Bank of China showed. In H1, the country issued 2.43 trillion yuan of new inclusive finance loans, 937.2 billion yuan more than the same period last year, central bank data showed….