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China to deepen market-oriented interest rate reform, lower interest rate for smaller firms' financing

China will further cut the real interest rate on loans to micro and small enterprises, pilot reform measures regarding financial services for private, micro and small firms, support IP pledge financing and credit supply for the manufacturing sector, and promote the development of the real economy.

June 27, 2019

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Macro-economy

China's transport infrastructure investment climbs in Jan-May

China's investment in transport infrastructure climbed 7.3 percent in the first five months of the year to top 1.01...

Chinese banks report forex settlement surplus in May

China's commercial banks reported a net forex settlement surplus in May after registering net deficits for three co...


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