Announcement
24 Sep 2024
In September 2024, the People's Bank of China (PBOC) announced state aid measures as part of a "new stimulus to boost high-quality economic development". Among others, it announced the creation of a CNY 300 billion special re-lending facility and a CNY 500 billion swap programme.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
24 Sep 2024
Revocation date:
No revocation date
Announced: 24 Sep 2024
State aid, nes
In force
On 24 September 2024, the People's Bank of China (PBOC), China's central bank, announced the establishment of a CNY 500 billion (USD 71.1 billion) swap programme "for securities, funds and insurance c...
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Announced: 24 Sep 2024
Lending support
In force
On 24 September 2024, the People's Bank of China (PBOC), China's central bank, announced the establishment of a CNY 300 billion (USD 42.67 billion) special re-lending facility to provide loans to list...
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