Bank comes to aid of Chinese quake-stricken region

Updated: 2007-06-13 09:47

KUNMING -- A Chinese bank on Tuesday donated relief funds and materials worth 300,000 yuan (US$40,000) to a region jolted by a powerful earthquake earlier this month.

China Development Bank and its branch in southwest China's Yunnan Province made the donation to Ning'er region, which was hit by a quake of 6.4 on the Richter scale on June 3.

The donation was made after the Yunnan branch extended a 30-million-yuan loan to the quake-stricken area two days after the quake, which left three people dead and almost 300 injured.

The quake, followed by about 1,500 after shocks, affected 536,000 people, and economic losses stand at more than 2.5 billion yuan (US$327 million).

The quake, the most serious in Yunnan since 2001, shook Ning'er region and surrounding areas, destroying houses and leaving 186,000 people homeless.

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