Business |
Numbers of the Week March 19-26, 2020 | |
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By March 14, the Agricultural Development Bank of China had issued 137 billion yuan worth of loans to help 2,650 companies counter the impact of the novel coronavirus epidemic and resume production. Of these, 78 percent were small and micro enterprises. Chinese governments at all levels had allocated a combined 116.9 billion yuan of funds for epidemic prevention and control by March 13. In addition, a raft of measures were also rolled out to cushion the impact of the epidemic on the economy. A total of 895,400 investors opened accounts to trade stocks on the Shanghai and Shenzhen bourses in February, up 11.83 percent from January. Individual investors accounted for the majority, reaching 893,200, while there were 2,200 institutional investors. Comments to dengyaqing@bjreview.com
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