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.
Source
Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
Implementation date
24 Sep 2024
Revocation date:
No revocation date
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 secur...
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 t...
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