This is a good example of a combination of an accommodative monetary policy and proactive fiscal policy. Structure wise, we are providing support to key areas and weak links of the economy through more targeted facilities. Two special central bank lending facilities have been introduced to promote technological innovation and inclusive elderly services.
We have also installed the Carbon Emission Reduction Facility (CERF) and the Central Bank Lending Program for the Clean and Efficient Use of Coal, providing re-lending support to enterprises through financial institutions.