China central bank: will encourage increased lending to private enterprises

Kitco Media
By Reuters
Published:
Updated:
Reuters
BEIJING, Feb 15 (Reuters) - The People's Bank of China will encourage financial institutions to increase lending to private enterprises, it announced on Wednesday in a statement. The PBOC also said it will deepen the opening up of the country's bond and derivatives market, promote revisions to corporate bond management rules, and strengthen financial support for home rental. (Reporting by Joe Cash; Editing by Toby Chopra)

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