Loan criteria eased for small businesses

Government will ensure sufficient liquidity, sound economic growth

The central government will roll out a series of incentives to make financing more accessible and affordable for small and micro businesses to promote cost-cutting in the real economy, the State Council's executive meeting chaired by Premier Li Keqiang decided on Wednesday.

It was pointed out at the meeting that China will maintain its current prudent and neutral monetary policy. The government will work to keep liquidity sufficient and appropriate to maintain financial stability, strengthen policy coordination to boost market confidence and ensure the economy performs within a reasonable range.