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China: Central Bank announces CNY 500 billion relending facilty to support service consumption and elderly care industry

Description

On 9 May 2025, the People's Bank of China (PBOC), China's central bank, announced the launch of a CNY 500 billion (USD 69.06 billion) re-lending facility to "increase support for key service consumpti...

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Intervention Details

Intervention Type

Lending support

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

09 May 2025

Revocation date

31 Dec 2027

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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