CHINESE|ENGLISH

Agricultural Bank loans used to buy 2.77 million tons of new cotton by Nov.(12/25/2006)

Updated: 12/25/2006 3:59:00 PM

According to statistics from Agricultural Development Bank of China, as of the end of November, loans from this bank has purchased 2.77 million newly picked tons, up 11.7% compared with the same period of the previous year. Especially, loans from this bank’s Xinjiang branch has bought 1.44 million tons of new cotton, a 26.3% year-on-year increase.

Source: www.cncotton.com

Authority in Charge: China National Textile and Apparel Council (CNTAC)

Sponsor :China Textile Information Center (CTIC)

ISSN 1003-3025 CN11-1714/TS

CTL