BEIJING Wholesale NFL Hoodies China , March 25 (Xinhua) -- China's loan for agriculture stood at 23.6 trillion yuan (3.84 trillion U.S. dollars) in 2014, up 13 percent year on year, according to a central bank's report released on Wednesday.
The volume took up 28.1 percent of the country's year-round total loans, and its growth rate is 0.7 percentage point higher than the average growth speed of other loans, the People's Bank of China (PBOC) said.
Lu Lei Wholesale NFL Jerseys China , head of the PBOC's research department, said the two cuts to reserve requirement ratio (RRR) have greatly boosted development in rural areas.
The RRR was cut twice last year for banks engaged in lending to agriculture, by 2 percentage points in April and 0.5 percentage points in June.
The central bank will encourage commercial banks to provide more credit to small businesses without a sharp expansion in total loan volume.
Lu said supporting rural finance should include payment and settlement networks, rural bank cards, property records and mobile connectivity.
"One of the major problems is lack of information and Internet Wholesale Football Hats ,necessary in developing modern agriculture," Lu said.
More institutions and companies are expanding their coverage to achieve mobile transactions without banks or ATMs, he said.
"Fewer outlets cut costs for both institutions and customers." Lu explained. "This will boost Internet finance."
He said there is no conflict between traditional financial institutions and Internet enterprises.
BERLIN, March 25 (Xinhua) -- An obituary published by a newspaper over Tuesday's plane crash captures the wave of deep sadness engulfing the small German town of Haltern am See.
On March 24, the small town in northwestern Germany Wholesale Football Shirts , not far from the border with the Netherlands, suddenly got international attention when news spread out that 16 students of its Joseph-Koenig High School were on the Germanwings flight 4U9525 that crashed in the southern French Alps.
The teenagers were on their way home from an exchange program in Spain.
"This is the darkest day in the history of our city," said Mayor Bodo Klimpel on Tuesday.
On Wednesday, local newspaper Halterner Zeitung published this full-page obituary, which reads: