Central Bank: Increase loan support for long-term useful and short-term feasible infrastructure construction projects

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 Titan Media App reported on July 13 that this afternoon, the State Council Information Office held a press conference. Zou Lan, Director of the Monetary Policy Department of the People’s Bank of China, introduced that this year, due to the impact of unexpected factors such as the new crown pneumonia epidemic and the conflict between Russia and Ukraine, my country’s economy has Facing certain downward pressure, investment in infrastructure construction has become an important means of stabilizing the macro economy. According to the deployment of the State Council executive meeting, last month, the People's Bank of China has increased the credit line of development policy banks, and increased the loan support for infrastructure construction projects that are useful in the long term and feasible in the short term. However, at present, the difficulty of obtaining project capital has become one of the important factors restricting project construction and loan issuance.

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