China Market Review, June 2020: issuance, sales go down

Both issuance and sales were down on the previous month, when 431 products with combined sales of CNY48. 8 billion struck. The China Banking and Insurance Regulatory Commission (CBIRC) released the Provisional Rules on Supervisory Assessment of Commercial Banks’ Financial Services for Micro and Small Enterprises (MSEs) , to guide and urge commercial banks to comprehensively improve financial services for MSEs to alleviate their financing difficulties and lower the financing cost. Incl