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Duan Bingde

Supportive policies on small and micro enterprises

2014-03-17

Methods to change the systematic defects existing in financial services to small and micro enterprises

Since the capital market is not fully developed the small and micro enterprise credit market is diverted by large enterprises.

Lack of policy support regarding financing services to small and micro businesses

Incomplete regulation, lack of infrastructure, low financial fund efficiency

Tasks to improve financial services for small and micro businesses

1. Change mindset and thoughts

2. Open-up and enhance competitiveness of the financial market

3. Set-up new credit guarantee mechanism

4. Create integrated policies to support small and micro enterprise development