People's Bank of China and Six Other Departments Unveil Measures to Bolster Medium- and Long-term Loans for Digital Infrastructure Projects
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Author:小编   

On August 5, the People's Bank of China, in collaboration with six other key ministries and commissions—the Ministry of Industry and Information Technology, the National Development and Reform Commission, the Ministry of Finance, the State Administration of Financial Supervision, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange—jointly released the "Guiding Opinions on Financial Support for New Industrialization." The guidance underscores the need to strengthen medium- and long-term loan support for pivotal digital infrastructure projects, encompassing 5G networks, the industrial internet, data centers, and computing power centers. It further advocates the utilization of diverse financing tools, such as financial leasing, real estate investment trusts (REITs), and asset securitization, to diversify funding channels. Additionally, the opinions propose enhancing the financing accessibility for small, medium, and micro-enterprises within the manufacturing sector, aiming to further propel the advancement of new industrialization.