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China: Central Bank announces CNY 500 billion relending facilty to support small and medium-sized tech companies

Description

On 7 April 2024, the People's Bank of China (PBOC), China's central bank, announced the launch of a CNY 500 billion (USD 69.12 billion) re-lending facility to "support sci-tech-oriented SMEs' innovati...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Apr 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Sectors

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Affected Products

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