China steps up financial support for high-tech sector, small businesses

China SCIO | September 25, 2024

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China has been stepping up financial support for key fields and weak links, said Li Yunze, minister of the National Financial Regulatory Administration, at a press conference on Tuesday. By the end of August, loans to high-tech industries and long-term loans issued to the manufacturing sector grew by 13.2% and 15.9% year on year, respectively.