Major Chinese mainland banks lend 700 bln yuan to Taiwan-funded enterprises

2008-03-03 00:13:59 Xinhua English

BEIJING, March 3 (Xinhua) -- Major commercial banks of the Chinese mainland extended more than 700 billion yuan (98.5 billion U.S. dollars) to approximately 6,300 Taiwan-invested businesses over the past three to four years, according to Taiwan Affairs Office of the State Council.

China Development Bank lent 8.35 billion yuan to 91 Taiwan-funded projects last year.