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State-owned lender ramps up efforts for bigger role in rural revitalization

State-owned lender ramps up efforts for bigger role in rural revitalization By JIANG XUEQING | China Daily | Updated: 2021-08-03 09:06 Share CLOSE The booth of Postal Savings Bank of China is seen during an expo in Beijing in September. DONG YIMING/FOR CHINA DAILY Postal Savings Bank of China stepped up financial support for the nation s rural revitalization campaign by giving full play to the synergistic effect of the State-owned bank and its parent company China Post. Relying on its advantages in logistics, information and capital flows, China Post, a State-owned enterprise offering official postal services in China, joined efforts with PSBC to provide express delivery and financial and e-commerce services, with the aim of helping rural clients tackle financing, sales and logistics challenges, said Qiang Bin, deputy general manager of the Beijing branch of China Post.

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