(Yicai Global) March 25 -- China's central bank has voiced its support to the rental housing market and impact investing to reduce carbon emissions.

The People's Bank of China revealed its latest policy focus areas after a meeting on March 22, written in a statement posted on its website today.

The recovery of China's real economy is not yet solid, and the credit structure in key areas, as well as weak links still need to be adjusted and optimized, said the PBOC.

One of the key focuses was house leasing. It is necessary to promote the financial system to continue to share reasonable profits with the real economy, maintain consistent and stable financial real estate policies, and carry out prudential management, it said.

Another point was made about China's green targets. The central bank will establish support tools to cut carbon emissions, guiding commercial banks to increase their support for the purpose in accordance with market principles, said the financial institution.

Moreover, the PBOC will further enhance its backing of technological innovation and manufacturing. It will raise the proportion of loans in the field and expand credit for high-tech manufacturing.

Furthermore, the PBOC will boost lending to provinces with economic difficulties to support coordinated regional development while managing risks, it added.

Last year, China’s financial system facilitated CNY1.8 trillion (USD275.6 billion) in relending and rediscounting, delivering CNY1.5 trillion to the real economy to support the country's epidemic control measures and economic growth, according to the same source.

Editor: Emmi Laine, Xiao Yi