The central bank: Optimizing the policy of technology innovation and technological transformation of rediscounting, expanding the scale to 800 billion to 1 trillion yuan.
Pan Gongsheng, Governor of the People's Bank of China, stated that recently, in order to further increase financial support for technological innovation, the People's Bank of China will work with departments such as the China Securities Regulatory Commission and the Ministry of Science and Technology to innovate and introduce a "technology board" in the bond market. At the same time, the People's Bank of China will further optimize the re-lending policy for technological innovation and technological transformation, expand the scale of re-lending from the current 500 billion yuan to 800 billion yuan to 1 trillion yuan; lower the re-lending interest rate; expand the scope of re-lending support, significantly increase policy coverage; maintain fiscal interest subsidy support, further reduce the financing cost of enterprises; and optimize the re-lending utilization process.
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