China is to expand another 1300 rural financial sectors

Report from related department says new form of rural financial institutions will be cultivated further to set up another 1300 sectors. the measures to improve the said work has been made by the National Development and Reform Commission, having been on careful study of the advices over the exertion of the plan for the nation’s economy and social development programmed by the Tenth Meeting of  the Standing committee of the 11^th NPC. The advices will be printed and distributed to the members of the Standing Committee when attending the 13^th Meeting.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

The report indicates that relevant development and reform divisions will continue providing essential helps to rural financial projects, in line with the Central Government decision having discussed researched at the NPC over the issues of agricultural loans and credit guarantee.