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PBOC’s Support Will Focus on Small Firms, Green Energy, Yi Says

The central business district in Beijing.

The central business district in Beijing.

Photographer: Giulia Marchi/Bloomberg

China’s central bank will focus on keeping monetary policy stable, with support targeted toward small businesses and environmentally-friendly projects, Governor Yi Gang said.

“As the pandemic is gradually contained and economic activities resume, we have phased out some temporary supportive measures, but our support to small and medium enterprises and green finance will continue,” Yi said at the virtual Eurasia Forum in Budapest on Thursday.