China issues notice to promote financing for small and medium-sized enterprises

China issues notice to promote financing for small and medium-sized enterprises

China authorities including the industry ministry and the central bank issued on Tuesday a notice to promote financing for small and medium-sized enterprises.

Earlier on Tuesday, China's state planner announced an extension of loan support tools for smaller businesses until the end of 2024. (Reporting by Beijing Newsroom; Editing by Jacqueline Wong)

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