Include medium-sized private enterprises in the key support scope and further enhance financial support for the private economy.
According to the Shanghai Securities News, the recent increase in the money supply and fiscal policies launched by the People's Bank of China and the Ministry of Finance focus on continuously supporting the development of the private economy. The establishment of a 1 trillion yuan refinancing program for private enterprises, a new interest subsidy for loans to small and micro enterprises, and the establishment of a special guarantee plan for private investment are among the measures announced. In particular, the inclusion of medium-sized private enterprises with previously weak financing availability into the key support range is a prominent highlight of the policies, which is expected to bridge the "intermediate gap" in financial support, activate the innovation vitality and expansion momentum of medium-sized private enterprises, and consolidate the foundation for the economy's recovery and improvement.
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