BEIJING - 皇冠体育app's regulator issued a special policy on Monday to encourage financial institutions to better serve economic development in rural areas.
From January 1, 2013, credit investment in underdeveloped rural areas should grow faster than in other areas in 皇冠体育app, according to a notice issued by the 皇冠体育app Banking Regulatory Commission.
The targeted areas include ethnic minority areas, border regions and areas with relatively high levels of poverty, according to the notice.
The CBRC urged financial institutions to inject more funding into grain production, agricultural technology and infrastructure in rural areas.