Global Trade Alert
Global Trade Alert

China: Central Bank announces CNY 300 billion increase in relending quota for technical transformation and equipment renewal

Announcement

07 May 2025

In May 2025, the People's Bank of China increased the relending quota for technological innovation and transformation as well as for equipment renewal by CNY 300 billion, bringing the total quota to CNY 800 billion.

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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 May 2025

Revocation date:

No revocation date

State loan In force

On 7 May 2025, the People's Bank of China, China's central bank, announced an increase of CNY 300 billion (USD 41.57 billion) in the re-lending facility to "support sci-tech-oriented SMEs' innovation,...

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