Home Urban Development: Income and Saving China Youth Daily (2003-10-17)

Bank saving of urban and rural residents is beyond RMB1,000 billion

( Abstract )

The People's Bank of China revealed today that in the first three quarters of this year, the growth speed of money supply was quickened in China. All sorts of loans increased promptly. The bank deposit increased faster and that of the urban and rural residents is first time to be beyond RMB1,000 billion. The state storage of foreign currency is added and the exchange rate of Renminbi continues to keep stably.



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