China's central bank will increase the strength and frequency of policy fine-tuning to lend more support to the country's rural sector and small firms, the Xinhua News Agency reported on Tuesday, citing an unidentified official from the central bank.
The central bank also repeated that China's overall liquidity condition is ample and it will use various monetary policy tools to provide future liquidity support for small firms.
PBOC clarifies sectors targeted for support
2014-06-11PBOC to cut RRR further for targeted banks
2014-06-10PBOC to cut RRR to boost agriculture and SMEs
2014-06-10Monetary policy faces new challenges: PBOC governor
2014-05-28Copyright ©1999-2018
Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.