China Cuts Key Rate, Lifts Quota For Tech Relending

MT Newswires Live

Yesterday

China's central bank cut its one-year pledged supplementary lending (PSL) rate by 25 basis points to 1.5% from 1.75% as part of a suite of new monetary policy adjustments announced Tuesday.

The People's Bank of China expanded the scope of the PSL facility to support the construction of the "six networks," which covers water infrastructure, new-type power grids, computing power, next-generation communications, urban underground pipelines, and logistics, according to a statement on Tuesday.

Additionally, the central bank raised the quota for its sci-tech innovation and technological upgrading relending facility by 200 billion yuan to 1.4 trillion yuan, while increasing the support ratio from 60% to 100%.

Meanwhile, the quota for agriculture and small business relending was increased by 500 billion yuan to 4.85 trillion yuan, including a 300 billion yuan rise for private enterprise relending to 1.3 trillion yuan.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://sg1.tigeractivity.com/news/2671223777"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2671223777\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2671223777?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-30 08:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2671223777","market":"hk","top_or_hot":-1,"title":"China Cuts Key Rate, Lifts Quota For Tech Relending","media":"MT Newswires Live","content":"<html><body><p> China's central bank cut its one-year pledged supplementary lending (PSL) rate by 25 basis points to 1.5% from 1.75% as part of a suite of new monetary policy adjustments announced Tuesday.</p><p>The People's Bank of China expanded the scope of the PSL facility to support the construction of the \"six networks,\" which covers water infrastructure, new-type power grids, computing power, next-generation communications, urban underground pipelines, and logistics, according to a statement on Tuesday.</p><p>Additionally, the central bank raised the quota for its sci-tech innovation and technological upgrading relending facility by 200 billion yuan to 1.4 trillion yuan, while increasing the support ratio from 60% to 100%.</p><p>Meanwhile, the quota for agriculture and small business relending was increased by 500 billion yuan to 4.85 trillion yuan, including a 300 billion yuan rise for private enterprise relending to 1.3 trillion yuan.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Cuts Key Rate, Lifts Quota For Tech Relending</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Cuts Key Rate, Lifts Quota For Tech Relending\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-09-30 08:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> China's central bank cut its one-year pledged supplementary lending (PSL) rate by 25 basis points to 1.5% from 1.75% as part of a suite of new monetary policy adjustments announced Tuesday.</p><p>The People's Bank of China expanded the scope of the PSL facility to support the construction of the \"six networks,\" which covers water infrastructure, new-type power grids, computing power, next-generation communications, urban underground pipelines, and logistics, according to a statement on Tuesday.</p><p>Additionally, the central bank raised the quota for its sci-tech innovation and technological upgrading relending facility by 200 billion yuan to 1.4 trillion yuan, while increasing the support ratio from 60% to 100%.</p><p>Meanwhile, the quota for agriculture and small business relending was increased by 500 billion yuan to 4.85 trillion yuan, including a 300 billion yuan rise for private enterprise relending to 1.3 trillion yuan.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FCA","symbol_name":"First Trust China AlphaDEX Fund","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2671223777","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2671223777","pubTimestamp":1790726831,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"China's central bank cut its one-year pledged supplementary lending (PSL) rate by 25 basis points to 1.5% from 1.75% as part of a suite of new monetary policy adjustments announced Tuesday.The People'","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FCA":"First Trust China AlphaDEX Fund","PSL":"Invesco Dorsey Wright Consumer Staples Momentum ETF","PSL.AU":"PATERSON RESOURCES LTD","BK7095":"多种金属与采矿"},"translate_title":"中国下调关键利率，提高科技再贷款配额","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PSL.AU":1,"FCA":0.9,"PSL":1},"content_text":"China's central bank cut its one-year pledged supplementary lending (PSL) rate by 25 basis points to 1.5% from 1.75% as part of a suite of new monetary policy adjustments announced Tuesday.The People's Bank of China expanded the scope of the PSL facility to support the construction of the \"six networks,\" which covers water infrastructure, new-type power grids, computing power, next-generation communications, urban underground pipelines, and logistics, according to a statement on Tuesday.Additionally, the central bank raised the quota for its sci-tech innovation and technological upgrading relending facility by 200 billion yuan to 1.4 trillion yuan, while increasing the support ratio from 60% to 100%.Meanwhile, the quota for agriculture and small business relending was increased by 500 billion yuan to 4.85 trillion yuan, including a 300 billion yuan rise for private enterprise relending to 1.3 trillion yuan.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"economic","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}