Den kinesiske centralbank er parat til at komme med mere finanshjælp til erhvervslivet, og den skal være målrettet. Små virksomheder får en længere frist for afvikling af lån, regeringens garantier til virksomhederne styrkes, og virksomhderne får bedre muligheder for at udstede obligationer. Centralbanken afprøver også en digital valuta i en række byer, men der er ikke truffet beslutning om indførelsen af den digitale valuta.
Uddrag fra Fidelity/Dow Jones:
China Central Bank Gov Vows More Targeted Measures to Counter Coronavirus
China’s central bank will provide more targeted financial support for companies grappling with the coronavirus pandemic, People’s Bank of China Gov. Yi Gang said.
Those measures include extending the deadlines for small companies to repay loans, enhancing government guarantees for small businesses and helping them issue more bonds, Mr. Yi said in an interview with state media released by the PBOC on Tuesday.
When asked about Beijing’s financial-relief efforts compared with those of other major economies, Mr. Yi said that since February, Chinese authorities have implemented relief policies worth 5.9 trillion yuan ($826.7 billion. by injecting extra funds into the financial system and encouraging banks to extend cheaper loans.
Chinese banks have rolled over more than CNY1.2 trillion worth of loans for small firms, he said.
China’s economy shrank 6.8% in the first quarter, the first year-over-year contraction in decades.
In an acknowledgment of the unprecedented challenges, Premier Li Keqiang last week dropped the country’s closely watched annual economic growth target, stressing that the policy priorities are job creation and ensuring stability.
In the interview, Mr. Yi said that a digital currency developed by the central bank has been trialed in the cities of Shenzhen, Suzhou, Chengdu and the Xiong’an area for usability, convenience and risk controls. It will also be tested at some venues built for the Winter Olympics, he said.
Those tests are part of a routine process and don’t mean that the digital currency has been formally launched, he said, adding that there is still no timetable for the official rollout.