China will maintain stimulus even as economy improves


PEOPLE's Bank of China Governor Yi Gang said the central bank will focus on five measures to support credit provision to the real economy, following the government’s announcement of more "direct” support in its annual policy blueprint released last week.

In the near future Officials plan to roll out more measures to enable small firms to delay repayment of loans and interest, increase collateral-free credit to small companies, improve the government’s associated credit guarantees, support corporate bond sales and develop supply-chain finance, Yi said in a local-media interview according to a statement published on the PBOC’s website.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
PBOC , Yi Gang

Next In Business News

IRDA appoints Ashari Kasnan as new chief executive effective Nov 1
Mudajaya shareholders urged to back HK$234mil stake sale to settle debts
CapitaLand Malaysia Trust net profit rises to RM47.02mil in 3Q26
Revenue IF, WeSure team up for regional expansion
Sunway Healthcare, PjH form JV for 325-bed Putrajaya hospital
Ringgit up against US dollar at close, mostly higher against major currencies
Pantech Global 2Q net profit nearly doubles to RM19.33mil
ES Sunlogy shareholders approve related-party transactions mandate
Tien Wah Press completes RM34mil land acquisition in Indonesia
MRT Corp, TNB tie up to advance sustainable rail infrastructure

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read