Banking

China plans to increase lending to agriculture

(Agencies)
Updated: 2011-01-10 13:27

China will boost lending to agriculture to help counter inflation, Vice Minister of Finance Li Yong said in an article posted on the department’s website on Jan 8, Bloomberg reported.

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China will also use foreign investment to develop energy-saving and low-emission technologies, Li said, speaking at a Jan 6 meeting outlining the department’s major tasks this year, the article said.