Global Trade Alert
Global Trade Alert

China: Central Bank announces CNY 500 billion relending facilty to support service consumption and elderly care industry

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

Updated: 09 May 2025
State loan 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 consum...

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