China's Ministry of Finance said it will expand the pool of implementing banks for interest-subsidy schemes on small-, medium- and micro-enterprise loans and for service-sector business loans to include 21 national banks and city commercial banks, rural cooperative financial institutions, private banks and foreign banks with financial-regulatory ratings of 3A or above.

2026-08-21

China's Ministry of Finance said it will expand the pool of implementing banks for interest-subsidy schemes on small-, medium- and micro-enterprise loans and for service-sector business loans to include 21 national banks and city commercial banks, rural cooperative financial institutions, private banks and foreign banks with financial-regulatory ratings of 3A or above.