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China's central bank pledges stronger credit support for enterprises in H2
China vowed to maintain sufficient liquidity and step up credit support to enterprises in the second half of the year, as part of efforts to consolidate the growth momentum of its economy, the country's central bank said.
【Financial Str. Release】China pledges greater credit support to stabilize economy
Chinese authorities have pledged to increase credit issuance and enhance financial support for key businesses and fields.
China to intensify credit support for manufacturing industry
China Banking and Insurance Regulatory Commission has recently issued a circular to urge banks to offer more credit support for the manufacturing industry, reported Shanghai Securities News on Wednesday.
Economic Watch: Chinese lenders get creative with targeted credit support for epidemic-hit businesses
Sensheng, a plastics manufacturer based in the city of Taizhou in east China's Zhejiang Province, was on the verge of letting go around 20 percent of its staff to pay back a 3-million-yuan (about 429,418 U.S. dollars) loan that was about to be overdue.
China ups credit support for small businesses amid epidemic
The Chinese banking sector has beefed up financial support for small businesses to weather the COVID-19 outbreak.
Chinese banks take multiple measures to help enterprises resume production
The banks in China have adopted measures such as increasing credit support, imposing preferential interest rates, and offering special online financial services to help enterprises resume production amid the fight against the novel coronavirus pneumonia, reported Xinhua Finance.
China ups credit support for spring farming amid epidemic
The Agricultural Bank of China (ABC), one of China's biggest state-owned commercial lenders, has stepped up financial support for the preparation of spring farming amid the novel coronavirus outbreak.
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