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PBOC Pledges Further Support For Private Enterprises

CHINA PRESS
MNI (Singapore)

The People's Bank of China will strengthen coordination between financial, fiscal and industrial policies, and will guide more financial resources into the private economy, said PBOC Governor Pan Gongsheng at a symposium with heads of private enterprises and financial institutions on Thursday. Pan said the scale of instruments to support private enterprises in debt financing will be expanded. Pan also pledged to precisely implement differentiated housing credit policies and meet the reasonable financing needs of private developers. (Source: PBOC website)

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