Agricultural Bank of China ups support for strategic emerging industries


Source: pdnews.cn pdnews.cn

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The Agricultural Bank of China, one of the country's largest commercial lenders, has strengthened its financial support for emerging industries of strategic importance amid efforts to ramp up the country's real economy. The Agricultural Bank of China has strengthened its financial support for emerging industries of strategic importance. (Photo: IC) By the end of June, its outstanding loans to emerging sectors exceeded 1.1 trillion yuan ($163.12 billion), up nearly 30 percent from the beginning of the year, according to the bank. It has increased financial support for key sectors such as new generation information technology, new materials, new energy, equipment...