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The Bank has made important contributions to the economic development
of the country in other ways also. During the year, the Bank identified
several counties in Anhui Province and Guangxi Autonomous Region
as recipients of the Bank's poverty-alleviation program funding.
This program, funded through loans to local and regional assistance
agencies, provides mini-loans to local farmers to assist in growing
crops, raising livestock, and developing local industries to promote
self-sufficiency among people living below the national poverty
level. In Guangxi alone, over RMB 7 million of new loans were provided
for these objectives.
The program also allows the Bank to contribute to other areas of
the poorest economies and regions of China. Through Project Hope,
the Bank contri-buted over RMB 560,000 to build and equip new primary
school in Guangxi. Donations of computers, stationary, teaching
facilities and supplies have also been instrumental in improving
the education of people in these regions.
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