1. Pratt & Whitney is one of the most famous aero-engine suppliers in the world. Founded in 1925, Pratt & Whitney has been providing various turbojet and turbofan engines to the U.S. Air Force and civil aviation since then, and has many new developments.

Pratt & Whitney Group P&W (Pratt & Whitney Group P&W) is one of the most famous aero-engine suppliers in the world. It is the largest manufacturer of aero engines and military and civilian gas turbines besides Rolls-Royce. It is also one of the major defense contractors in the United States.

2. Inclusive finance refers to providing appropriate and effective financial services at an affordable cost to all social strata and groups in need of financial services based on the requirements of equal opportunity and the principles of business sustainability.

Extended information:

Inclusive means that more people can enjoy financial services efficiently and at low cost. It can usually be evaluated from the loan coverage rate and approval rate. . According to statistics, there are still 70% of ordinary people in China who are unable to get loans from banks, so Inclusion is not doing enough.

But the good news is that the financial industry is already taking action. Taking Lufax as an example, more than 70% of its funds originate from first-tier cities, and more than 60% of funds flow to lower-tier third-tier cities and rural areas. Moreover, judging from its loan proportion to lenders in lower-tier third-tier cities and rural areas in the past six years, it has increased from 43% in 2012 to 43% in 2012. It increased to 67 in 2017. Looking at its coverage rate, as of the end of June 2017, 369 poverty-stricken counties had received funds, covering more than 62 of the country’s key poverty-stricken counties.

Baidu Encyclopedia - Inclusive Finance

Baidu Encyclopedia - Inclusive Finance