By loan structure, the PBC increased the quota of central bank lending and central bank discount by RMB 300 billion, mainly to support small and medium banks who offer loans to SMBs and private enterprises for a large part. I’ll skip the figures that all provinces have provided in details.
Central bank lending and discount are subject to bookkeeping, so we have a clear picture of which small and medium enterprises are beneficiaries. Moderator: So, to some degrees, the support from the PBC to commercial banks and the loans from commercial banks to small and medium enterprises is linked up to some extent? Yi Gang: Yes, they are subject to bookkeeping.