Tag: #PBC

China issues 25 measures to boost financial support for private firms

GT staff reporters November 30, 2023

China issues 25 measures to boost financial support for private firms

China's central bank and other government agencies on Monday announced 25 measures to step up financial support for the country's private sector, including efforts to diversify financial channels for private businesses, in yet another crucial step to boost the private economy amid challenges. The latest measures came as...More

China at global forefront in developing digital currency applications

Left Review Online September 01, 2020

China at global forefront in developing digital currency applications

The People's Bank of China (PBC), the central bank, is preparing for a digital currency, with various tests proceeding in different regions of China as the country develops more digital currency applications. Sun Guofeng, an official with the PBC, said Tuesday at a regular press conference that the...More