国内英语资讯:China offers more loans for poverty alleviation
<p><span word="BEIJING">BEIJING</span>, <span word="July">July</span> 3-- <span word="China">China</span> <span word="will">will</span> <span word="offer">offer</span> <span word="more">more</span> <span word="small">small</span> <span word="loans">loans</span> <span word="to">to</span> <span word="the">the</span> <span word="impoverished">impoverished</span> <span word="as">as</span> <span word="part">part</span> <span word="of">of</span> <span word="efforts">efforts</span> <span word="to">to</span> <span word="win">win</span> <span word="the">the</span> <span word="battle">battle</span> <span word="against">against</span> <span word="poverty">poverty</span>, <span word="according">according</span> <span word="to">to</span> <span word="an">an</span> <span word="official">official</span> <span word="circular">circular</span>.</p><p><span word="The">The</span> <span word="circular">circular</span>, <span word="jointly">jointly</span> <span word="released">released</span> <span word="by">by</span> <span word="the">the</span> <span word="China">China</span> <span word="Banking">Banking</span> <span word="and">and</span> <span word="Insurance">Insurance</span> <span word="Regulatory">Regulatory</span> <span word="Commission">Commission</span> <span word="and">and</span> <span word="other">other</span> <span word="three">three</span> <span word="government">government</span> <span word="departments">departments</span>, <span word="pledged">pledged</span> <span word="wider">wider</span> <span word="coverage">coverage</span> <span word="of">of</span> <span word="microloans">microloans</span> <span word="for">for</span> <span word="poverty">poverty</span> <span word="alleviation">alleviation</span> <span word="and">and</span> <span word="consistent">consistent</span> <span word="implementation">implementation</span> <span word="of">of</span> <span word="existing">existing</span> <span word="policies">policies</span>.</p><p><span word="To">To</span> <span word="mitigate">mitigate</span> <span word="the">the</span> <span word="impact">impact</span> <span word="of">of</span> <span word="COVID">COVID</span>-19 <span word="on">on</span> <span word="poor">poor</span> <span word="borrowers">borrowers</span>, <span word="the">the</span> <span word="repayment">repayment</span> <span word="period">period</span> <span word="for">for</span> <span word="poverty">poverty</span> <span word="alleviation">alleviation</span> <span word="microloans">microloans</span> <span word="will">will</span> <span word="be">be</span> <span word="further">further</span> <span word="extended">extended</span>, <span word="said">said</span> <span word="the">the</span> <span word="circular">circular</span>.</p><p><span word="It">It</span> <span word="also">also</span> <span word="stressed">stressed</span> <span word="more">more</span> <span word="efforts">efforts</span> <span word="to">to</span> <span word="control">control</span> <span word="the">the</span> <span word="risks">risks</span> <span word="of">of</span> <span word="poverty">poverty</span> <span word="alleviation">alleviation</span> <span word="microloans">microloans</span>.</p><p><span word="Launched">Launched</span> <span word="in">in</span> 2017, <span word="the">the</span> <span word="microcredit">microcredit</span> <span word="product">product</span> <span word="refers">refers</span> <span word="to">to</span> <span word="loans">loans</span> <span word="under">under</span> 50,000 <span word="yuan">yuan</span> (<span word="about">about</span> 7,078 <span word="U">U</span>.<span word="S">S</span>. <span word="dollars">dollars</span>), <span word="with">with</span> <span word="favorable">favorable</span> <span word="terms">terms</span>, <span word="to">to</span> <span word="support">support</span> <span word="poor">poor</span> <span word="families">families</span>.</p><p><span word="China">China</span> <span word="has">has</span> <span word="offered">offered</span> 444.35 <span word="billion">billion</span> <span word="yuan">yuan</span> <span word="in">in</span> <span word="poverty">poverty</span> <span word="alleviation">alleviation</span> <span word="micro">micro</span>-<span word="credit">credit</span> <span word="support">support</span> <span word="as">as</span> <span word="of">of</span> <span word="the">the</span> <span word="first">first</span> <span word="quarter">quarter</span> <span word="this">this</span> <span word="year">year</span>, <span word="contributing">contributing</span> <span word="to">to</span> <span word="the">the</span> <span word="cause">cause</span> <span word="of">of</span> <span word="helping">helping</span> <span word="the">the</span> <span word="poor">poor</span> <span word="develop">develop</span> <span word="production">production</span>, <span word="shake">shake</span> <span word="off">off</span> <span word="poverty">poverty</span> <span word="and">and</span> <span word="become">become</span> <span word="rich">rich</span>, <span word="as">as</span> <span word="well">well</span> <span word="as">as</span> <span word="advancing">advancing</span> <span word="the">the</span> <span word="development">development</span> <span word="of">of</span> <span word="financial">financial</span> <span word="markets">markets</span> <span word="in">in</span> <span word="poverty">poverty</span>-<span word="stricken">stricken</span> <span word="regions">regions</span>.</p>
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