By lowering interest rates on loans and reducing service charges, the financial sector injected RMB 1.5 trillion to the real economy last year.For fiscal policy, in 2020, China cut taxes and fees by over RMB2.5 trillion for businesses and residents.
Let us leverage on the FC4S, be guided by the Paris Climate Agreement, but we should think ‘Global while acting local.’ The time for Africa to act is now, the effects of climate change continue to be harsher as a burgeoning youth population seeks opportunities to prosper. African economies need to be inclusive and resilient.