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Chinese central bank on commercial banks to support small, medium enterprises.
(From BBC Monitoring International Reports)
(New China News Agency)
Beijing, 8 August: The People's Bank of China (PBOC), the nation's central bank, issued a notice Thursday [8 August] asking commercial banks to step up their credit support for medium-sized and small enterprises.
When providing their credit support, the notice said, commercial banks should give priority to medium-sized and small enterprises with a good share of the market, a high level of efficiency and an unblemished credit record.
It requires state-owned commercial banks to set …
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