Paying for rural development
Subscribe to keep reading.
Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.
Already a subscriber? Log in.
The central bank (PBoC) wants financial institutions to do more to finance rural development.
That was the takeaway from a meeting on Thursday between the PBoC, Ministry of Agriculture and Rural Affairs, and Ministry of Finance.
Some context: Around 38% of China’s population still lives in rural a...