The PBOC says targeted relending tools are helping lower borrowing costs and steer credit toward small businesses, tech firms and equipment upgrade
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Xie Guangqi, head of the monetary policy department at the People’s Bank of China, attends a State Council Information Office press briefing in Beijing on July 15, 2026. Photo: VCG
The PBOC has issued window guidance to major banks for the third straight month, urging increased lending in June as China's…
Move aims to ease funding squeeze on small and midsize enterprises amid economic slowdown
A jump in bill financing helped lift new yuan loans and aggregate financing, but household borrowing remained weak as consumers…
June new loans plunge nearly 30% from a year earlier as the central bank downplays raw credit volume
The move advances a shift toward a price-based monetary policy framework
Economic transition from real estate to light-asset tech requires less bank lending
