Xinjiang provides virus-hit businesses with financial support


URUMQI, Sept. 29 (Xinhua): Financial institutions in northwest China's Xinjiang Uygur Autonomous Region have provided 201.2 billion yuan (US$29.5 billion) of loans to 26,000 micro, small and medium-sized enterprises by August this year, to mitigate the impact of Covid-19.

Outstanding loans to Xinjiang's small and micro businesses reached 417.8 billion yuan as of August, up 30.6 percent year on year, according to the Urumqi central sub-branch of the People's Bank of China.

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