pboc decision, 2004-07-02
The central bank will provide more window guidance to the financial institutions and require them to rigorously control loans to over invested sectors, to pay much attention to the warnings issued by regulators on the industrial risks and strictly control the credit to the industries discouraged by the state, to refuse lendings to those projects not eligible for market access, and to appropriately utilize the floating interest rates band and increase the risk premium on the enterprises with low technology content and environment protection standards.
Sentiment: neutral
Topic: mp_credit