Announcement
09 May 2025
In May 2025, the People's Bank of China, China's central bank, announced the launch of a CNY 500 billion relending facility to support companies in the service consumption sectors and the elderly care industry.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
09 May 2025
Revocation date:
31 Dec 2027
Announced: 09 May 2025
Lending support
In force
On 9 May 2025, the People's Bank of China (PBOC), China's central bank, announced the launch of a CNY 500 billion (USD 69.06 billion) re-lending facility to "increase support for key service consumpti...
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Related State Acts
Announced: 05 Sep 2025
China: Guidelines on policy measures for expanding service consumption
To be prolonged: 19 Jan 2026
China: Interest payment subsidy scheme to support service sector businesses
Announced: 24 Jun 2025
China: Guideline on strengthening financial support to boost consumption
Clarification: 15 Jan 2026
China: Central Bank announces additional CNY 300 billion relending quota for agriculture businesses and SMEs
Removed: 15 Jan 2026
China: Central Bank announces CNY 300 billion increase in relending quota for technical transformation and equipment renewal
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