News Snapshot:
BEIJING, Jan. 19 (Xinhua) -- The Agricultural Bank of China, one of the country's largest commercial lenders, has received nearly 11.37 billion yuan (about 1.79 billion U.S. dollars) of funds from the People's Bank of China, the country's central bank, through a supporting tool for carbon reduction. The tool was rolled out in November last year by the central bank to provide low-cost loans for financial institutions and guide them to give loans to firms in key carbon-reduction fields. The funds the Agricultural Bank of China has received are among the first batch of funds worth 85.5 billion yuan that...
