(ECNS) - China's central bank governor Yi Gang said on Thursday that the country will adopt more preferential loan policies for small and micro enterprises in fundraising.
Small enterprises, which enjoy a maximum amount of 5 million yuan credit, will benefit from the policy, said Yi at a financial forum held in Shanghai.
The central bank is now coordinating monetary, reserves, and refinancing policies to support more loans to small and micro enterprises and will also introduce better services, according to the governor.
The "2018 Lujiazui Forum" was organized by Shanghai Municipal People's Government, People's Bank of China, China Banking and Insurance Regulatory Commission, and China Securities Regulatory Commission.
