China

China supply chains: Hubei takes lead in appointing bank executives to boost financial support for key industries




There’s a plan in motion, orchestrated by China’s central bank, to tighten up and improve supply chains across key industries in response to Beijing’s call to maintain economic stability ahead of a slowdown that may be inevitable in the coming months.Executives at the Wuhan branch of the People’s Bank of China in the central province of Hubei – China’s eighth-largest provincial economy – recently kicked off the efforts to improve industrial chains plagued by the coronavirus pandemic and trade…



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