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The People's Bank of China increases the re-lending amount of scientific and technological innovation and technological transformation by 300 billion yuan, and supports the implementation of the "two new" policies
2025-05-16 source:CCTV.com

CCTV News: In order to support the expansion of the implementation of the "two new" policies, guide financial institutions to accelerate loan issuance in related fields, and continue to do a good job in the "five major articles" of finance, the People's Bank of China decided to increase the re-loan amount of scientific and technological innovation and technological transformation by 300 billion yuan. After the increase, the total amount of re-loans for scientific and technological innovation and technological transformation will reach 800 billion yuan, and the amount of loans for first loans for technology-based small and medium-sized enterprises will no longer be classified.

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