PBOC raises the re-lending quota for tech innovation and technological transformation by 200 billion yuan to 1.4 trillion yuan and increases the facility's support ratio from 60% to 100%, aiming to steer banks to expand lending to SME tech firms and to support corporate equipment upgrades.

2026-09-29

PBOC raises the re-lending quota for tech innovation and technological transformation by 200 billion yuan to 1.4 trillion yuan and increases the facility's support ratio from 60% to 100%, aiming to steer banks to expand lending to SME tech firms and to support corporate equipment upgrades.