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What is the total mortgage loan of China Company?
450 million yuan. According to the data of the financial sector, the total mortgage loan of China Company is 450 million yuan. Loan means that banks, credit cooperatives and other institutions issue loans to money-using units or individuals, and agree on interest and repayment date. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out in the form of loans, which can meet the demand of supplementary funds for social expansion and reproduction.
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