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PBOC Raises Loan Quota for Scientific & Technological Innovation and Transformation from 800 Billion Yuan to 1.2 Trillion Yuan
1 week ago /
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Author：小编
On January 15, 2026, Zou Lan, Deputy Governor of the People's Bank of China (PBOC), announced that the loan quota allocated for re-lending to bolster scientific and technological innovation, as well as technological transformation, would see a significant hike—from 800 billion yuan to a staggering 1.2 trillion yuan. Additionally, the scope of this financial support would be broadened to encompass private small and medium-sized enterprises (SMEs) that demonstrate high levels of investment in research and development (R&D).
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