Bank project promotes rural development
Sitting at the foot of Danxia Mountain, Danxia town in Guizhou province is undergoing housing renovation and street reconstruction as the local government is trying to develop the town into a recreation, tourism and culture resort by 2021.
The mountain, best known for its Buddhist Huguo Temple with a history that can be traced back to the Ming Dynasty (1368-1644), is recorded in the travel diaries of Xu Xiake, a distinguished travel writer and geographer who is regarded as China's Marco Polo.
The local government is making great efforts to adjust the drivers of economic growth from low-profit traditional farming, such as growing corn, to the service industry by developing tourism with the help of commercial banks, said an official of Danxia town in the city of Panzhou.
