China Financial Daily

December 19, 2008

Globe Stock Market; China Stock Market

Filed under: Financial News — Tags: — Nancy @ 10:36 pm -0800

The stock market greatly frustrated as global economic crisis, the governments take various measures
Since August 2007, with the overall loan crisis of United States, the United States, the European financial markets were facing great negative impact, which inevitably affected the real economy and spread to other countries and areas, so the global stock markets have a great decline. The follow-up influence went with the Wall Street economic crisis and increased the severity.

The Premise to solve the difficult financing for SMEs is to stabilize the stock market
On December 17, the reporter visited the Shenzhen Venture Capital Association, executive vice president and secretary general Wang Shou-ren, he introduced the Shenzhen Venture Capital business ideas and practices after State Council issued 30 regulations on economy promotion. Wang Shou-ren straight to the point that the Premise to solve the difficult financing for SMEs is to stabilize the stock market, it is necessary to take practical action to open up ideas and broaden the channels

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