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."
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
Implementation date
07 Apr 2024
Revocation date:
06 May 2025
Announced: 19 Jan 2026
China: Expansion of interest payment subsidy scheme to support large-scale renewal of equipment and technological innovation (January 2026)
Announced: 15 Jan 2026
China: Central Bank announces CNY 400 billion increase in relending quota for technical innovation and and equipment renewal
Removed: 15 Jan 2026
China: Central Bank announces CNY 300 billion increase in relending quota for technical transformation and equipment renewal
Removed: 19 Jan 2026
China: Extension of interest payment subsidy scheme to support large-scale renewal of equipment
Removed: 31 Dec 2024
China: Interest payment subsidy scheme to support large-scale renewal of equipment
Announced: 07 Mar 2024
China: Guideline for promoting large-scale equipment updates
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