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Sinosure scales up green support to $7.7b
China Export and Credit Insurance Corp (Sinosure) has stepped up support for the country's green industries by providing more export credit insurance, the company said. Since the start of 2021, the company has insured over 150 green projects, with the sum insured reaching around $7.7 billion.
ADBC loans help water conservancy
The Agricultural Development Bank of China said it had issued over 1 trillion yuan ($156.5 billion) in loans to water conservancy by the end of March, marking an average annual growth rate of 16 percent since 15 years ago. Outstanding loans stood at 528.3 billion yuan at the end of last month.
Xinhua
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