Announcement
13 Aug 2024
In August 2024, the People's Bank of China announced it would increase the re-lending quota in order to support Chinese SMEs and agricultural enterprises in several provinces affected by recent natural disasters.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
13 Aug 2024
Revocation date:
No revocation date
Updated: 13 Aug 2024
State loan
In force
On 13 August 2024, the People's Bank of China, China's central bank, announced providing CNY 100 billion (USD 13.96 billion) in financing to, among others, SMES a...
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Updated: 13 Aug 2024
State loan
In force
On 13 August 2024, the People's Bank of China, China's central bank, announced providing CNY 100 billion (USD 13.96 billion) in financing to, among others, agricu...
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Related State Acts
19 Aug 2025
China: Central Bank announces additional CNY 100 billion relending quota for agriculture businesses and SMEs in disaster-affected regions (August 2025)
07 May 2025
China: Central Bank announces additional CNY 300 billion relending quota for agriculture businesses and SMEs
30 Jun 2023
China: Central Bank announces CNY 200 billion increase in re-lending quota to support SMEs and agricultural enterprises
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