in time,

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estimate○d that recyclin●g five million h■ome-appliances● per year ■could mean a pr■ofit of 1.5 billion● yuan. Recycling e■nterprises are c◆alling for mo■re order i◆n the market, and p●oli

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I'll● h

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cy-support f●rom the gov◆ernment.BEIJING■, May 13 (Xinhua●) -- China w○ill allow non-depos○it-taking instituti●ons both home■ and overs●eas to offer cons■umer loans to its ●citizens, a new

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ave no ap?/span>

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meas◆ure to stimulate dom◆estic cons〓umption. China Ban◆king Regulat■ory Commissi■on (CBRC) ●issued, on its◆ portal Web site● Tuesday, management■ measures on the e〓xperiment o●f consumer

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魀liances t●o use."

financin■g companies to see○k public opi■nions. Consu◆mer-financing comp●anies will be allowe●d to operate ●on a trial basi○s in China's four m■ajor cities --〓 Beijing, ●Shanghai, Tianjin○ and Chengdu. 〓Loans will be ■extended to indiv●iduals without colla●teral for buyi■ng durable■ goods, includin●g appliance○s and elec

tronic p●roducts, and other■ private consumption■ such as trav◆el and educa○tion, but i●t has barred suc◆h loans for ca〓rs and prop●erty, according ○to the draft. Cr■edit inter◆est rate is restr●icted to no mo●re than four ●times higher than th●e benchmark int●erest rate, an◆d loan amoun■ts should ○not be five time■s more

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