Lenders shore up real economy companies

Big push: People at the central business district of Beijing. China continues to ramp up support for the economy through various means, including stabilising trade and supporting technologically advanced SMEs. — Bloomberg

BEIJING: China continues to ramp up support for the real economy through various means, including stabilising foreign trade, supporting technologically advanced small and medium-sized enterprises and fostering green finance for sustainable development, experts say.

The country’s banking sector also continues to consolidate its capabilities to serve the real economy – the part of a country’s economy that produces actual goods and services.