The Financial Supervision and Administration Commission (FSAC) has sai

Published: Jul 28, 2023 07:40

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The Financial Supervision and Administration Commission (FSAC) has said that targeted measures will be taken to guide banks and insurance institutions to support increased development momentum, optimize economic structure, and promote the sustained and positive recovery of the economy. The main areas covered include advanced manufacturing, strategic emerging industries, and transformation and upgrading of traditional industries; increased support for new and key areas of consumption; continued promotion of steady and optimized scale of foreign trade; continued increase of support for export credit insurance; continuous improvement of financial services coverage and accessibility for micro and small enterprises; and increased credit support for individual businesses.

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