8th World Antimony Forum

TBD
Guiyang, Guizhou, China

12th Rare Earth Summit

TBD
Hangzhou, Zhejiang, China

11th Aluminum Raw Materials Summit

TBD
Hangzhou, Zhejiang, China

9th Magnesium Summit

TBD
Hangzhou, Zhejiang, China

13th World InBiGeGa Forum

TBD
Hangzhou, Zhejiang, China

7th World Antimony Forum

June 13-14, 2019
Changsha, Hunan, China

7th Refractory & Abrasive Materials Summit 2019

May 23-24, 2019
Qingdao, Shandong, China

10th Aluminum Raw Materials Summit

May 16-17, 2019
Zhengzhou, Henan, China

11th Rare Earth Summit

May 9-10, 2019
Qingdao, Shandong, China

8th Magnesium Summit

April 11-12, 2019
Zhuhai, Guangdong, China

12th World InBiGeGa Forum

March 14-15, 2019
Zhuhai, Guangdong, China

China's central bank to conduct targeted RRR cuts on Mar 16

2020-03-16 12:00:37   【Print】
To shore up the real economy and help reduce actual cost of financing, the People's Bank of China (PBOC), the country's central bank, announced on March 13 that it would implement targeted Required Reserve Ratio (RRR) cuts for inclusive finance, which will be effective on March 16, 2020, lowering the RRR by 0.Asian Metal Copyright The cuts will release RMB550 billion USD78.Asian Metal Copyright5 to 1 percentage points for banks that meet particular criteria.Asian Metal CopyrightTo shore up the real economy and help reduce actual cost of financing, the People's Bank of China PBOC, the country's central bank, announced on March 13 that it would implement targeted Required Reserve Ratio RRR cuts for inclusive finance, which will be effective on March 16, 2020, lowering the RRR by 0.Asian Metal Copyright A further cut of 1 percentage point will be prescribed for eligible joint stock commercial banks to encourage lending in inclusive finance.Asian Metal Copyright5 to 1 percentage points for banks that meet particular criteria.Asian Metal Copyright The cuts will release RMB550 billion (USD78.Asian Metal Copyright The cuts will release RMB550 billion USD78.Asian Metal Copyright67 billion) of long-term funds.  


.Asian Metal Copyright .Asian Metal Copyright