People's Bank of China and China Banking Regulatory Commission, Guiding Opinions on Enhancing Financial Support to New Consumption Sectors

中国人民银行、银行业监督管理委员会关于加大对新消费领域金融支持的指导意见

Banks encouraged to approve consumer loans online.

3 minute readApril 14, 2016 at 05:28 AM
By
Susan Mok
& clp articles

Issued: March 24 2016

Main contents: The Opinions encourage qualified banking financial institutions to establish institutions that specially cater to new consumption sectors (Article 1). They encourage banking

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