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China: Central Bank announces CNY 300 billion increase in relending quota for technical transformation and equipment renewal

Description

On 7 May 2025, the People's Bank of China, China's central bank, announced an increase of CNY 300 billion (USD 41.57 billion) in the re-lending facility to "support sci-tech-oriented SMEs' innovation,...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 May 2025

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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