PBOC: Will provide financial support to help manufacturing upgrade
|The Chinese central bank (PBOC) came out with the headlines last minutes, making a strong case to provide support to the manufacturing sector.
Key Headlines via Reuters:
Will provide financial support to help manufacturing upgrade and transition
Will support securitisation of credit assets in the manufacturing sector
Will increase scope for insurance firms to invest in manufacturing sector
Will support increased provision of credit to manufacturing sector by financial organisations
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