PBOC’s Yi urges to step up financial support for private companies

The People’s Bank of China (PBOC) Governor Yi Gang is out with some comments, via Reuters, urging financial support for private companies.

Further comments:

Financial institutions should take measures to reasonably manage the pace and intensity of credit supply.

Financial institutions should make full use of incentive measures for lending to private and smaller firms.

Financial institutions should take measures to maintain sustainability of private and small firms' businesses.