Major Chinese agencies including PBOC, MIIT, and CSRC issued guidance on August 8 to streamline financial support for manufacturing through digital technologies, aiming to integrate the digital and real economies.
On August 8, leading Chinese regulatory bodies such as the People’s Bank of China, MIIT, NDRC, Ministry of Finance, Financial Regulatory Bureau, CSRC, and SAFE jointly issued guidance to boost financial support for new industrialization. The guidelines emphasize the use of big data, blockchain, and artificial intelligence to simplify processes and enhance service efficiency in manufacturing, particularly for small and medium enterprises, thereby promoting a closer integration of the digital and real economies.