Global Trade Alert
Global Trade Alert

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

Announcement

16 Aug 2023

In August 2023, the Central Bank announced it would increase the re-lending quota in order to support Chinese SMEs and agricultural enterprises in 6 provinces affected by recent disasters.

Source

Sign in to access

Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Aug 2023

Revocation date:

No revocation date

Updated: 16 Aug 2023
State loan In force

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 ente...

Sign in to see more
Updated: 16 Aug 2023
State loan In force

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 SMEs. According t...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.