Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
Tibet grants almost 100-mln-yuan loans to affected businessmen
+ -
21:26, August 15, 2008

 Related News
 Nomadic Tibetans in NW China's Gansu to settle into permanent homes
 China's largest copper deposit to start producing in Tibet
 Tourists to Tibet increase substantially
 Police detain foreigners for displaying "Free Tibet" banners near Olympic venue
 Over 100 Tibetan separatists detained in Nepali capital
 Related Channel News
· Economy
 Comment  Tell A Friend
 Print Format  Save Article
The Tibet government has granted 98.37 million yuan (about 14.5 million U.S. dollars) of loans to businessmen affected in the March 14 violence, according to the region's financial department.

The Tibet regional government has offered a series of preferential policies connected to taxes, loans, living allowances and reemployment to help business people restore their business.

The Yishion clothing store, a retail outlet where five female sales staff were burned to death in the riot, was the first one to obtain a loan, 1 million yuan, from the government. With this help, it was reopened on May 1.

"The store runs well now," said the manager Tang Qingyan. "We lost more than 1.8 million yuan in the disaster. Now, some of the loss has been covered."

The financial department has confirmed 1,216 vendors sustained damage from the riot. As of July 31, 188 affected vendors had got loans and 273 of them had had their applications accepted, involving 129.5 million yuan.

By now, 90 percent of the affected businesses have been reopened in Lhasa.

The Shuxin Group, which lost 21 million yuan in the riot, was trying to apply for a loan.

"Normal order is resuming, we are confident of the business prospect in Lhasa," said Dawa Cering, chairman of the board of directors of the group.

The March 14 violence led to the deaths of at least 18 civilians and one policeman. It also left 382 civilians and 241 police injured, businesses looted and residences, shops and vehicles torched, causing more than 200 million yuan in loss.

Source:Xinhua



  Your Message:   Most Commented:
China postpones summit with EU due to French leader's planned meeting with Dalai Lama 
China lodges strong protest to France over Dalai Lama meeting
Russia, Venezuela to hold joint naval maneuvers
Foreign Ministry: China "has no choice but to react" to French leader's Dalai Lama meeting
FM: China's defense building poses no threat to any nation 

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90776/90882/6477223.pdf