China Steps Up Financial Support for Micro and Small Firms
28 April 2022
Business Advisory Section, HKTDC Research
In a circular issued on 6 April, the China Banking and Insurance Regulatory Commission called on banking and insurance regulators and policy banks in all localities to improve the quality and efficiency of their financial services, optimise their credit structures, enrich their inclusive insurance products and services, and reduce financing costs in a bid to help micro and small firms overcome financing difficulties.
- Banking Services
- Mainland China