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April 29th Macroeconomic Index: Hainan Strengthens Financial Support for Green Smart Appliances and NEVs, Central Bank Tightens Payment Supervision

May 29, 2024, 11:58 AM
TDD-global
1396
Hainan Province is enhancing financial support for the production of green smart home appliances and new energy vehicles. The central bank is strengthening payment supervision and management, adhering to the red line of reserve fund supervision. Cinda Securities expects the downstream manufacturing industry to perform strongly, with improved margins for the middle and upper streams. Four departments jointly promoted financial support for large-scale equipment renewal and consumer goods trade-in.