Caixin
Nov 04, 2023 06:04 AM
FINANCE

Central Bank Vows to Bolster Real Economy Through Efficient Lending

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What’s new: China’s central bank vowed to focus on creating a sound monetary and financial environment in response to policy calls made by the Central Financial Work Conference earlier this week.

In an article published Friday on its social media account, the People’s Bank of China (PBOC) pledged to improve the efficiency of existing loans and make sure that funds flow into the real economy.

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