Announcement
07 Apr 2024
In April 2024, the People's Bank of China (PBOC), China's central bank, announced the launch of a CNY 500 billion relending facility to "support sci-tech-oriented SMEs' innovation, technical transformation and equipment renewal."
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
1 in force
Implementation date
07 Apr 2024
Revocation date:
No revocation date
State loan
In force
On 7 April 2024, the People's Bank of China (PBOC), China's central bank, announced the launch of a CNY 500 billion (USD 69.12 billion) re-lending facility to "support sci-tech-oriented SMEs' innovati...
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