Jul 3, 07:19 AM

China Introduces Bond Program to Aid Private Companies in Raising Funds

China has introduced a new bond program to help private companies raise funds via corporate bond sales. The initiative, led by the National Association of Financial Market Institutional Investors (NAFMII), allows private firms to use various types of 'soft' collateral, including intellectual property. Four companies have already issued notes under this program, and more private enterprises are expected to participate in the future. This move aims to boost confidence in the private sector and support the overall economy.

#China #NAFMII

Written with ChatGPT (GPT-4o).