2022年1月29日

Committee member Chen Yulu: In 2021, the macro-financial policy will maintain continuity, stability and sustainability

Macro financial policies will maintain continuity, stability and sustainability in 2021, said Chen Yulu, deputy governor of the People’s Bank of China (PBOC), at the third session of the fourth session of the 13th National Committee of the Chinese People’s Political Consultative Conference (CPPCC). The large number of small and micro enterprises generally concerned about the loan repayment policy will be extended; Small and micro loans from large commercial banks such as ICBC, ABC, China Construction Bank and China Banking Corporation will grow by more than 30 percent. On the basis of prevention and control of financial risks, the proportion of unsecured credit loans to small and micro enterprises will continue to rise.

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