(Economic Observation) China's monetary policy intensifies to promote consumption, with 5 trillion yuan as a lever to mobilize real gold and silver.
Xinhua News Agency, Beijing, July 1 (Reporter Xia Bin) In Shaoxing, Zhejiang Province, the Shaoxing Branch of Bank of Communications provided a loan of 66.6 million yuan (RMB, the same below) to a certain health care development Co., Ltd. in Shaoxing for the construction of elderly infrastructure; In Chongqing, the Chongqing Branch of Minsheng Bank of China provided a credit loan of 3 million yuan to a local chain catering enterprise for the renovation of central kitchens and the construction of digital management systems; In Shanghai, the Shanghai Branch of Agricultural Bank of China provided a loan of 13.6 million yuan to a certain travel agency in Shanghai, effectively alleviating the financial pressure of the enterprise and promoting the development of regional cultural and tourism industries...
After the People's Bank of China announced the establishment of a service consumption and elderly care rediscount loan quota of 5 trillion yuan, local financial institutions have taken intensive actions, vigorously increasing support for key areas of service consumption and the elderly industry.
Industry experts state that the
