People's Bank of China and China's banking regulator met with 24 financial institutions
- urged lenders to ‘go all out to stabilise the fundamentals of the economy,’ the PBOC said in a statement.
- PBOC urged banks to fully utilise different policy tools and support ‘high-quality’ economic growth by increasing credit ‘appropriately’.
- asked banks to keep a steady increase of property loans
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PBOC Governor Yi Gang
