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Finance Industry To Serve Science And Technology - PBOC


The People’s Bank Of China has released 27 measures to increase support for the science and technology sector. The central bank aims to create a financial system capable of developing a world class innovation sector with global influence. Policymakers will promote high-quality innovative SMEs to list on the stock exchange and support the sector to make use of international and domestic markets. Under the plan, banks are encouraged to increase credit and R&D loans to the sector. (Source: Yicai)

MNI Beijing Bureau |

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