Free Trial

Yi Gang, governor of the PBOC, has......>

CHINA PRESS
CHINA PRESS: Yi Gang, governor of the PBOC, has proposed a policy package to
increase bank lending while reducing lending cost properly to small and
micro-sized firms, reported Xinhua News Agency. 
  - Small and micro-sized firms are the new driving force of China's economy,
which boost employment and stimulate innovation, Yi said. 
  - The PBOC will raise the cap of relending and rediscounting by CNY150 billion
to support small firms and agriculture, Yi noted. 
  - The key objective of the policy package is to increase the number of
enterprises that can acquire bank loans, and to enhance the financing structure,
Yi added.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.