Announcement
30 Jun 2023
In June 2023, the People's Bank of China announced it would increase the re-lending quota in order to support Chinese SMEs and agricultural enterprises.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
30 Jun 2023
Revocation date:
No revocation date
Updated: 30 Jun 2023
Lending support
In force
On 30 June 2023, the People's Bank of China, China's central bank, announced it was allocating CNY 40 billion (USD 5.5 billion) to support domestic agricultural enterprises. According to the press rel...
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Updated: 30 Jun 2023
Lending support
In force
On 30 June 2023, the People's Bank of China, China's central bank, announced it was allocating CNY 120 billion (USD 16.5 billion) to support Chinese SMEs. According to the press release, the state aid...
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Related State Acts
13 Aug 2024
China: Central Bank announces CNY 100 billion increase in re-lending quota to support SMEs and agricultural enterprises affected by recent natural disasters
16 Aug 2023
China: Central Bank announces CNY 35 billion increase in re-lending quota to support SMEs and agriculture enterprises affected by disasters
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