Premier Li Keqiang delivering his government work report as the 13th National People’s Congress opens in the Great Hall of the People in Beijing. Photo: Simon Song

Beijing demands 30 per cent increase in banks’ lending to small companies in bid to boost flagging economy

  • Move announced by Premier Li Keqiang could inject US$230 billion worth of capital into SMEs, according to one analyst’s estimate
  • It is the first time Beijing has announced a specific target for loans to small companies in its annual work report
Topic |   Two Sessions 2019 (Lianghui)

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Premier Li Keqiang delivering his government work report as the 13th National People’s Congress opens in the Great Hall of the People in Beijing. Photo: Simon Song
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