BEIJING (Reuters) - China on Monday issued guidelines to improve financial services for rural rejuvenation, vowing to encourage local governments' special bonds issuance to support projects in the countryside, according to the central bank.
China will support qualified agriculture companies to go public, the central bank said in a statement posted on its website, which was jointly issued by multiple authorities including the finance and agriculture ministries.
The guidelines also said China will strengthen monetary policy support and use differentiated reserve requirement tools to support rural areas.
Add a Comment
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.