Improving policies and systems for inclusive finance In recent years,the Central Committee of the Communist Party of China and the State Council have attached high importance to the development of inclusive finance.At the Fifth National Financial Work Conference in 2017,General Secretary Xi Jinping put great emphasis on building an inclusive financial system and extending financial services to small and micro enterprises(SMEs),agriculture,rural areas,rural people,and remote areas,to promote targeted financial poverty alleviation.During the State Council’s executive meeting chaired by Premier Li Keqiang,policies and measures had been discussed to make financing more accessible and affordable for SMEs and to encourage financial institutions to grant more loans to them.Under the guidance of the People’s Bank of China(PBC)and regulatory authorities,Yi Gang,governor of the PBC said at the Lujiazui Forum 2018 that the PBC would work with related departments to jointly improve associated financial services for SMEs.
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