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China: Central Bank announces CNY 100 billion increase in re-lending quota to support SMEs and agricultural enterprises affected by recent natural disasters

Description

On 13 August 2024, the People's Bank of China, China's central bank, announced providing CNY 100 billion (USD 13.96 billion) in financing to, among others, agricultural enterprises affected by recent ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

13 Aug 2024

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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