日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Opinion

Experts: 'Biased mindset' needs change

By Jiang Xueqing in Boao, Hainan (China Daily) Updated: 2014-04-10 07:21

Experts: 'Biased mindset' needs change

From right: Yan Qingmin, vice chairman of China Banking Regulatory Commission, Huang Rong, vice chairman of the All-China Federation of Industry and Commerce, and Dong Wenbiao, chairman of the directors board of China Minsheng Banking Corporation Ltd help pass a business card at a panel discussion. Bao Fan / for China Daily

Borrowing costs soar for MSEs forced to rely upon expensive private lenders

Micro and small enterprises are still facing financing difficulties despite the government's efforts to support the development of MSEs since 2008.

Experts: 'Biased mindset' needs change

Bankers and economic experts called for a reform of financial services and a design more appropriate for MSEs at the Boao Forum for Asia in Hainan province on April 8.

According to a survey of 1,027 MSEs in 17 provinces, autonomous regions and municipalities, nearly half said their costs of borrowing increased in 2013 and the loan interest rates went beyond 10 percent.

"Many micro and small enterprises cannot receive bank loans due to lack of collateral. They are forced to turn to private lending whose annual interest rates hit 20 to 30 percent," said Huang Rong, vice chairman of the All-China Federation of Industry and Commerce. "To solve the problem, financial institutions must make innovations of their products and services."

Experts: 'Biased mindset' needs change

Experts: 'Biased mindset' needs change

For a business with assets of less than 3 million yuan ($484,114), private lending still remains a major source of capital, suggesting that commercial banks still have room for improvement.

Last year, of the MSEs surveyed about 15 percent relied on private lending as their main source of capital, while more than 30 percent relied on small and medium-sized banks.

Only 12.4 percent relied on large banks, according to a report based on the survey.

Nearly 20 percent of the MSEs surveyed said their demands for capital were not met in 2013 although 40 percent had their needs satisfied. Among the surveyed enterprises that received loans successfully last year, 57 percent have medium to long-term capital demands, almost double that of the previous year.

"Some people say it's too risky for banks to make loans to micro and small enterprises and the costs of lending are too high. This kind of biased mindset must be changed to make a breakthrough in micro and small business finance," said Dong Wenbiao, chairman of the directors board of China Minsheng Banking Corporation Ltd.

"Apart from that, we should seek new business models and design a financial system to better support the MSEs," Dong said.

His bank has more than 300,000 MSE clients with an average loan of 1.3 million yuan. The bank's loans to MSEs surpassed 400 billion yuan in 2013 and the ratio of non-performing loans of its MSE clients was 0.6 percent.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 91黄色免费版 | 国产在线观看一区二区三区 | 碰在线视频 | 亚洲涩涩涩 | 特级黄色网 | 欧美另类日韩 | 色多多在线观看视频 | 精品国产制服丝袜高跟 | 超碰毛片 | 亚洲天堂免费 | 国产成人精品网 | 欧美日韩伊人 | 草草影院欧美 | 中文字幕一区二区在线视频 | www黄色网址 | 久久免费视频网站 | 日韩在线中文 | 男男野外做爰全过程69 | 欧美一级在线免费观看 | 婷婷丁香花五月天 | 中国黄色片视频 | 97超碰福利 | 俺去啦最新网址 | 人人草网站| 中文字幕自拍偷拍 | 九九热精品视频在线播放 | 欧美激情精品久久久久久蜜臀 | 国产视频福利 | 久久久777 | 亚洲精品久久久久久久久久久久久 | 国产一区二区网站 | 国产精品美女在线 | 亚洲欧美日韩国产一区 | 亚洲无打码 | 99热国内精品 | 精品在线免费观看 | 在线播放毛片 | 日日夜夜视频 | 91精品福利视频 | 手机看片国产日韩 | 国产久草视频 |