China is increasing financial support for technological innovation, with the central bank adding 200 billion yuan to its relending quota for sci-tech projects.
The measure is part of a wider policy package unveiled as officials seek to strengthen growth while encouraging investment in strategic industries. The Associated Press reported that the additional quota brings the total technology-focused relending facility to 1.4 trillion yuan.
Technology remains a policy priority
AI, advanced manufacturing, semiconductors and other frontier technologies have become central to China’s industrial strategy. The additional credit is intended to help businesses obtain funding for innovation and investment.
NewsNation Online has previously covered China’s AI development and semiconductor expansion.
Source: Associated Press and People’s Bank of China. Published September 30, 2026.
सीधे अपनी Facebook फ़ीड में पाएँ — News Nation Online पेज को Follow करें।
Discover more from NewsNation Online
Subscribe to get the latest posts sent to your email.
आपके लिए सुझाव
