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PBOC To Improve Private Economy Support

CHINA PRESS
MNI (Singapore)

The People’s Bank of China will promote the private economy to “become bigger, better and stronger," and increase new lending and loan proportion to technological innovation, private SMEs, advanced manufacturing, and green development, said PBOC Governor Pan Gongsheng at a symposium on economic and financial situation. Pan said the resilience of China’s forex market has increased significantly, and the yuan has remained stable at a reasonable and balanced level. (Source: PBOC Website)

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