Briefly

Better service helps high-tech industries

Chinese power operators have intensified efforts to develop local high-tech industries. Staff members of State Grid Chuzhou in Anhui province visited Chuzhou High-tech Industrial Development Zone to learn about the electricity needs of enterprises and check safety hazards in power equipment and transmission lines. They also helped review firms' power load features, and power usage information, offering suggestions to improve usage and cut costs. The power operator said it hoped the refined services will help bolster the high-quality development of high-tech industries.

Smaller banks see steady expansion

China's small and medium-sized banks in rural areas have seen steady expansion in scale, with their overall growth becoming more stable and sound, according to a report recently released by the China Banking Association. As of the end of 2024, their total assets and liabilities reached 57.91 trillion yuan ($8.18 trillion) and 53.69 trillion yuan, up 6.06 percent and 6.02 percent year-on-year, respectively, the report showed.

Xinhua - China Daily