PBOC pledges more support for private firms

By Xinhua News Agency

Nov 29, 2023 12:16 am

BEIJING: China's central bank on Monday said it would continue to enhance financial support for private enterprises and work to lower their comprehensive financing costs.

In the next stage, more monetary policy support will be tilted toward private micro and small companies, the People's Bank of China said in its latest monetary policy report for the third quarter.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

US unemployment claims hit 8-month low

Oil prices settle up on China optimism

Crypto industry hopeful of Trump policy overhaul

China to increase 2025 treasury bond funding

Chinese EV giant BYD sales surge in 2024

Apple agrees to $95-M deal to settle Siri eavesdropping suit

Singapore economy grows 4.0% in 2024