China Financial Daily

Li Yizhong: financing difficulties in getting loans to alleviate the problem vigorously support the development of SMEs
SME financing difficulties, difficulty in obtaining loans is a worldwide problem. Although many aspects of China’s relevant departments in the hard work has made some progress, but the question has not been fundamentally resolved. Financing difficulties, difficulty in obtaining loans has become a constraint for SME development “bottleneck” has aroused wide attention from all sectors of society. Among these, the existing institutional mechanisms, but also their own problems of SMEs.

TV towers, small and medium enterprises, covering all areas of the national economy is the most dynamic economic groups. 30 years of reform and opening up, China’s SMEs and non-public economy from small to large, rapid growth, increase in the number, quality improvement has become an economic and social development to promote an important force. From January to June of this year, more than the size of small and medium enterprises realized an industrial output value of 16.8 trillion yuan, accounting for 69.2% of above-scale industries. As of the end of May, a total of small and medium industrial enterprises above designated size 408,000, accounting for all industrial enterprises above designated size 99.3%; 62.389 million employed people, accounting for 53.2% of industrial employment; to achieve profits of 569.68 billion yuan, accounting for all industrial profits and taxes of 67%. With small enterprises and individual industrial and commercial households, the national total to 36.6 million small and medium enterprises. In the current international financial crisis deepened, China’s economic development is a critical period in the stabilizing rebound and accelerate the healthy development of SMEs in promoting economic growth, increase revenues, expand urban and rural employment, maintaining social stability, and of great significance.

Related posts:

1. Continued difficulties in financing small and medium-sized
   Continued difficulties in financing small and medium-sizedVice-Chairman of the CPPCC National Committee, the National Federation...
2. Mixed development of SMEs in Shaanxi
   Mixed development of SMEs in ShaanxiSubjected to the impact of the international financial crisis, small...
3. Small and medium enterprise financing to ease the difficulties of foreign trade financing of the Ministry of Finance issued a special guarantee fund details
   Small and medium enterprise financing to ease the difficulties of foreign trade financing of the...