Banks are asked to increase lending, delay loan repayments, defer overdue loan reclassification, and support infrastructure projects and property developers.
April 20, 2022The cut will free up an estimated CNY 530 billion in banking system liquidity to support the economy and keep financing costs stable.
April 18, 2022The CBIRC is encouraging banks and investment firms to explore new models of financing, where they provide both credit and direct investment to innovative firms.
April 12, 2022The two new tools are more market-based versions of measures that have already been in place to help small and micro enterprises.
January 4, 2022The lower relending rate is expected to reduce funding costs for small and medium-sized banks and incentivise them to make agricultural and small business loans.
December 9, 2021Banks are mandated to lend a portion of their funds to priority sectors. Allowing NBFCs to serve as middlemen for such lending provides them a liquidity backstop.
August 14, 2019China’s central bank issued a warning on all illegal fundraising, including through financing intermediaries, online finance platforms, real estate, agriculture, ICOs.
April 26, 2018