More granular information on SMEs will be added to the public credit registry. Additional measures will enhance competition in the credit rating market.
December 29, 2022The CNY 30 billion fund will be used to buy property from developers and turn them into rental housing, supporting efforts to contain China's real estate crisis.
September 27, 2022The measures includes ¥500bn in local government bond quotas, ¥300bn for infrastructure projects, and ¥200bn in bonds issued by state-owned power companies.
August 26, 2022The PBOC will pay banks 2 percent of the incremental balance of inclusive small and micro loans, up from 1 percent previously.
June 8, 2022Defaults in the thermal power, steel and cement sectors may increase if companies in those sectors do not shift to low-carbon alternatives.
February 28, 2022Eligible collateral will include RMB, USD and EUR debt securities issued offshore by local governments at various levels in Mainland China.
October 1, 2021The pilot could mark a significant revamp in how bond issuance is carried out in China, and is seen as another step by the government to attract foreign capital.
May 4, 2021Eligible collateral will include RMB, USD and EUR debt securities issued offshore by China's central bank, Ministry of Finance or policy banks.
November 21, 2020The government will act as a subordinate investor, meaning that it (namely, taxpayers) will absorb up to 10 percent of any possible losses first.
September 7, 2020Banks can forgo suitability assessments and audio recordings when distributing low-risk, non-complex retail tranches of Hong Kong or Mainland government bonds.
August 3, 2020