Financial services provided for special groups by the People’s Bank of China
Original, GIPG, 08-16-2016
According to the annual report of poverty reduction and development, in 2013, the People's Bank of China issued the "Guidance on Financial Services for Employment and Entrepreneurship of College Graduates", required various banks to actively explore and innovate financial products and services in line with the actual needs of college graduates’ employment and entrepreneurship, and constantly improve the financial services for employment and entrepreneurship of college graduates, including those in poor areas. According to preliminary statistics, at the end of 2013, the loan balance of college graduates nationwide amounted to 7.49 billion yuan, up 27.94%. In 2013, 6.06 billion yuan of loans was issued, directly supporting the employment and entrepreneurship of 172,000 college graduates.
Financial services for college student village cadres, migrant workers and women's employment:Strengthened the cooperation with the Organization Department of the CPC Central Committee, the Ministry of Human Resources and Social Security and ACWF, starting with guidance, propaganda and popularization, evaluation and supervision, made constant innovations to the financial products and provided quality financial services for college student village cadres, migrant workers and women in poor areas. According to preliminary statistics, as of the end of 2013, the balance of start-up loans for college student village cadres was 504 million yuan, of which 366 million yuan was issued in 2013 to support the entrepreneurship of 5273 college student village cadres; the balance of migrant workers’ loans was 68.047 billion yuan, of which 41.357 billion yuan was issued in 2013 to support the entrepreneurship and employment of 937,500 migrant workers; and the balance of entrepreneurship loans for women was 91.997 billion yuan, of which 43.709 billion yuan was issued in 2013 to support the entrepreneurship and employment of 678,200 women.
Original, GIPG, 08-16-2016
According to the annual report of poverty reduction and development, in 2013, the People's Bank of China issued the "Guidance on Financial Services for Employment and Entrepreneurship of College Graduates", required various banks to actively explore and innovate financial products and services in line with the actual needs of college graduates’ employment and entrepreneurship, and constantly improve the financial services for employment and entrepreneurship of college graduates, including those in poor areas. According to preliminary statistics, at the end of 2013, the loan balance of college graduates nationwide amounted to 7.49 billion yuan, up 27.94%. In 2013, 6.06 billion yuan of loans was issued, directly supporting the employment and entrepreneurship of 172,000 college graduates.
Financial services for college student village cadres, migrant workers and women's employment:Strengthened the cooperation with the Organization Department of the CPC Central Committee, the Ministry of Human Resources and Social Security and ACWF, starting with guidance, propaganda and popularization, evaluation and supervision, made constant innovations to the financial products and provided quality financial services for college student village cadres, migrant workers and women in poor areas. According to preliminary statistics, as of the end of 2013, the balance of start-up loans for college student village cadres was 504 million yuan, of which 366 million yuan was issued in 2013 to support the entrepreneurship of 5273 college student village cadres; the balance of migrant workers’ loans was 68.047 billion yuan, of which 41.357 billion yuan was issued in 2013 to support the entrepreneurship and employment of 937,500 migrant workers; and the balance of entrepreneurship loans for women was 91.997 billion yuan, of which 43.709 billion yuan was issued in 2013 to support the entrepreneurship and employment of 678,200 women.
