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In January of this year, the People's Bank of China established a new 1 trillion yuan reloan for private enterprises to increase support for micro, small and medium-sized private enterprises. By the end of June 2026, Guangdong had invested more than 120 billion yuan in reloans to private enterprises, ranking among the highest in the country. Driven by policy incentives, local legal financial institutions in Guangdong have loan balances of nearly 1.8 trillion yuan for micro, small and medium-sized enterprises, benefiting more than 260,000 market players, and credit resources continue to lean towards weak sectors of the private economy.
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In January of this year, the People's Bank of China established a new 1 trillion yuan reloan for private enterprises to increase support for micro, small and medium-sized private enterprises. By the end of June 2026, Guangdong had invested more than 120 billion yuan in reloans to private enterprises, ranking among the highest in the country. Driven by policy incentives, local legal financial institutions in Guangdong have loan balances of nearly 1.8 trillion yuan for micro, small and medium-sized enterprises, benefiting more than 260,000 market players, and credit resources continue to lean towards weak sectors of the private economy.
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