China to encourage microcredit development to boost employment – People’s Daily

 Photo 20060507 541464914120060507142502 From People’s Daily Online:

China’s central bank is to encourage the development of microcredit in a bid to boost employment, said a deputy governor of the People’s Bank of China on Wednesday.

Wu Xiaoling said at a meeting that the bank would establish a long-term re-employment system through facilitating microcredit. [Full Text]

Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.