SMEs to get further policy support

Small firms to benefit from govt measures to control risks and prevent local labor market shocks, say industry experts

Chinese policymakers are likely to further ease monetary policy and promote bank loans for smalland medium-sized companies in the second half of this year, introducing measures to control risks and prevent shocks in the local labor market, according to industry experts.

Further easing monetary policy can help to achieve the goal, said Huang Yiping, an economist at Peking University and a former member of the central bank's monetary policy committee.