Ping An sets up fund for Guizhou
By Zhou Mo In Shenzhen And Yang Junin Guiyang | China Daily | Updated: 2016-07-14 07:47
Bank aims to help alleviate poverty while creating a profitable business
Ping An Bank Co Ltd plans to set up a 50 billion yuan ($7.5 billion) poverty alleviation fund in southwestern Guizhou province to help develop and upgrade industries there.
The fund will be used to promote Guizhou's infrastructure, tourism, agriculture, ecological protection and other industries.
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