PBOC to Improve Financial Services for Micro and Small Firms
10 June 2022
Business Advisory Section, HKTDC Research
The People’s Bank of China (PBOC) is pushing for the establishment of a mechanism for deepening supply-side structural reforms in financial services for micro and small enterprises. It wishes for this mechanism to enable financial institutions to better serve such firms. The goal is to stabilise market entities, employment, entrepreneurship and economic growth.
- Finance & Investment
- Mainland China