PBoC pledges more financial support for private firms

Governor Pan Gongsheng says authorities need to unblock funding channels for private firms

pboc building
The People’s Bank of China

Chinese financial regulators pledged to improve private businesses’ access to funding at a meeting with representatives from banks and private enterprises yesterday (August 30).

Officials from the People’s Bank of China (PBoC), China Securities Regulatory Commission (CSRC), and the National Administration of Financial Regulation, met with executives from banks, private businesses and the stock exchanges of Shenzhen and Shanghai, according to a PBoC statement.

PBoC governor Pan Gongsheng said

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account