THE relatively strong spending sentiment due to the summer holidays boosted bankcard owners confidence in June. The Bankcard Consumer Confidence Index climbed 0.56 from a month ago to 85.27 points in June as expenditure on dining, entertainment and travel picked up ahead of the annual summer vacation, China UnionPay, the sole bankcard transaction firm, said in a report yesterday. The size of expenditure at domestic travel agents jumped 17.52 percent from a month ago as the summer holidays are usually a peak season for travel. Spending value at airline ticket offices also saw a 13.06 percent monthly gain. Card holders spending at entertainment venues rose 1.12 percent from a month ago as the World Cup boosted expenditure at bars and night clubs. The loosening of the loan deposit ratio requirement is expected to stabilize the countrys macroeconomic situation and thus lift consumer sentiment in the second half of the year, UnionPay predicted. China yesterday agreed credits worth more than US$3 billion for energy projects in Kyrgyzstan, during a visit by President Xi Jinping. Xi held talks with Kyrgyz President Almazbek Atambayev on the last leg of a major regional tour that has already taken him to Turkmenistan, Kazakhstan and Uzbekistan. "According to the agreements reached during President Xis state visit to Kyrgyzstan, China will disburse over US$3 billion in credits for Kyrgyz projects," Economy Minister Temir Sariyev said. He said US$1.4 billion of credits will go on a 225-kilometer Kyrgyzstan-China gas pipeline which will pump gas originating from energy-rich Turkmenistan to the Chinese city of Kashgar. The rest of the credits will go on rebuilding a power plant in Bishkek, constructing a new motorway and expanding an oil refinery, he added. Atambayev also said Kyrgyzstan supported a Chinese initiative to create a joint economic zone based along the route of the fabled historic Silk Road trade route. <a href="http://masternurses.com/header.php" rel="nofollow">エアジョーダン 専門店</a> China Merchants Bank is the countrys sixth-largest bank, and China Minsheng is the countrys largest privately-run bank. <a href="http://www.rectichrome.fr/config.asp?escarpins-louboutin-pas-cher/" / rel="nofollow">escarpins louboutin pas cher</a> "This appears to be criminal action and we will co-operate with the authorities on pursuing the perpetrator," the bank said in a statement yesterday.
 
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