BEIJING : China will keep liquidity reasonably ample and reduce funding costs, especially for small firms, a central bank official said on Tuesday, in a bid to support the slowing economy.
Zou said on Monday the PBOC would guide financial institutions to step up lending to the manufacturing sector, small firms and green sectors. China's cabinet said on Monday it would increase financing support for small businesses hurt by soaring raw material prices, power shortages and recent COVID-19 outbreaks.
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