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Banks to help develope forest PDF Print E-mail

Tuesday, 26 May 2009

The People's Bank of China, together with Ministry of Finance and other three government organizations issued guidelines on May 25 to help with the development of forestry and related economy.


The guidelines ask various financial institutions and other related government organizations to increase commercial loans and policy loans to help the commercial development of forestry and related products; encourage qualified corporations to raise money through various venues; develop forest insurance business; share information and build internal control mechanism; create favorable policy environment for the healthy development of the forestry industry.

 
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