BEIJING : China's central bank said on Wednesday it will encourage financial institutions to increase lending to private enterprises to support the economy, according to a statement released on its website.The People's Bank of China will promote steady growth of loans to micro and small businesses and wil
BEIJING : China's central bank said on Wednesday it will encourage financial institutions to increase lending to private enterprises to support the economy, according to a statement released on its website.
"We will support the high-quality development of the real economy and actively prevent and control risks in key areas of the financial market," the central bank said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
White House rejects Beijing claims of US balloons over ChinaBEIJING/WASHINGTON - China said on Monday that US high altitude balloons had flown over its airspace without permission more than 10 times since the beginning of 2022, drawing a swift denial from Washington. Read more at straitstimes.com.
Read more »
Beijing city will support key firms to build ChatGPT-like AI modelsBEIJING : China's capital Beijing will support leading enterprises to build large artificial intelligence (AI) models that can challenge ChatGPT, the city's economy and information technology bureau said on Monday.The city will support key firms to invest in building open source framework and accelerate t
Read more »
Beijing to support key firms in building ChatGPT-like AI modelsBEIJING :China's capital Beijing will support leading enterprises in building large artificial intelligence (AI) models that can challenge ChatGPT, the city's economy and information technology bureau said on Monday.The city will support key firms to invest in building an open source framework and accelerate
Read more »
Jenna Ortega Hysterically Crying During Filming of WednesdayJenna Ortega recently came out with a statement saying that she was frequently crying during the filming of the hit Netflix show, Wednesday. Jenna has also capt
Read more »
Chinese chip trade group opposes export controls from US, Netherlands, Japan - statementSHANGHAI : The China Semiconductor Industry Association (CSIA), China's top trade group for the chip industry, opposes reported export controls from the United States, Japan and the Netherlands on China's chip industry, it said in a statement on Wednesday. The association said the restrictions, should the
Read more »
Chinese football chief probed for suspected 'serious violation of law'BEIJING : The chairman of the Chinese Football Association (CFA) has been put under investigation for suspected serious violations of discipline and law, China's sports regulator said on Tuesday.A brief statement posted by China's General Administration of Sports did not give details of the probe nor the
Read more »