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China: Central Bank announces CNY 35 billion increase in re-lending quota to support SMEs and agriculture enterprises affected by disasters

Description

On 16 August 2023, the People's Bank of China, China's central bank, announced it was allocating CNY 35 billion (USD 4.8 billion) to support domestic agricultural enterprises. According to the press r...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Aug 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

location-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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