The People's Bank of China will provide commercial banks with a special re -loan amount of more than 200 billion yuan (S $ 40.368 billion) to increase the loan to enterprises, which is the latest measure for the Chinese government to support the economy.

According to Xinhua News Agency, the Chinese State Council Prime Minister Li Keqiang hosted the executive meeting of the State Council on Tuesday (13th).In the fourth quarter, the renovation equipment supported the national commercial banks to actively invest in medium- and long -term loans at a interest rate of not more than 3.2%.

The Bank of China will provide special re -loan support to commercial banks at 100%of the loan principal.The special re -loan amount is more than 200 billion yuan, and the period is one year, and the exhibition period is twice.At the same time, the policy has been implemented. The central government has a discount of 2.5%for the loan main body. The actual loan cost of the loan main body of the renovation equipment in the fourth quarter of this year is not higher than 0.7%.

The meeting pointed out that the taxes and fees that the small and medium -sized enterprises, and individual industrial and commercial households in the manufacturing industry, and the individual industrial and commercial households have been delayed by 4 months after the expiration of the period from September 1, involving 440 billion yuan in tax slows.