The government has launched a US$43 billion stimulus package in a bid to bolster the country’s Covid-19-beset business community, especially state-owned enterprises (SOEs) and micro, small and medium-sized enterprises (MSMEs). More
In order to encourage financial institutions to better serve micro and small firms, the State Council decided at its executive meeting on 21 April to raise the weighting of inclusive finance to no less than 10% in the integrated performance evaluation of the branches and subsidiaries of financial institutions in the banking sector to increase lending to smaller businesses. More
The Chinese government will further intensify financial support to micro-, small and medium-sized enterprises, according to an executive meeting of the State Council on 31 March. More
