China Unveils 10 Relief Measures for Micro and Small Firms
18 May 2022
Business Advisory Section, HKTDC Research
The General Office of the State Council’s Leading Group on the Development of Small and Medium-sized Enterprises recently announced 10 measures to support micro, small and medium-sized enterprises facing difficulties. These include the introduction of special relief funds and large state-owned commercial banks striving to grant RMB1,600 billion in new loans to micro and small enterprises in 2022.
- Mainland China