China urged banking institutions to cooperate with local governments to optimize policies on guaranteed loans for startups and actively provide financial services to new urban residents who are eligible to be included in the scope for support of such loans.
China steadily increased lending to small businesses and optimized credit structure to tide over tough times while its banking sector improved risk management and stepped up disposal of risks, regulatory officials said on Friday.
China s banking sector s
non-performing loan ratio was at 1.79% at the end of
March, down 0.03 percentage points from the start of the year,
the country s banking and insurance regulator said on. | April 15, 2022
China's pilot wealth management products aimed at retail investors looking to boost their retirement savings will have three main features－long-term investment, sound investment and financial inclusion, an industry expert said.
3 features to mark pilot wealth management products--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.