The Central Bank these days urgently issued the No. 48 document of Report on China Central Bank Office Dealing with Credit Policy in 2017 ( No. 48), it requires that practically and discriminatively implement credit policy. Continuously support the main competitive but stuck companies in overcapacity industry like coal industry and steel industry and meet their reasonable capital need.
Besides, No.48 pointed out that in the circumstances of steerable risks, giving capital support actively when companies merging and reorganization, transformation and upgrading, optimizing layout and international capacity cooperation.
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- [Editor:Licaixia]
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