BEIJING -- Chinese regulators on Monday called on banks to set yearly targets for lending to the private sector, with the aim of encouraging investment and hiring among China's biggest employers.
25-point plan meant to fuel investment and employment
The People's Bank of China issued a notice on Nov. 27 outlining 25 measures to support the private sector. © Reuters
BEIJING -- Chinese regulators on Monday called on banks to set yearly targets for lending to the private sector, with the aim of encouraging investment and hiring among China's biggest employers.