1. Friday May 25, 2018
      Home > News > Economy
      Text:| Print|

      Government urged to help private sector

      2012-09-11 09:05 Global Times     Web Editor: qindexing comment

      It is already urgent for the government to put in place effective measures to facilitate a proactive financing environment for the nation's private sector, which has for years injected vitality into the economy but has recently been wading through the downturn in the economy, business executives and experts said Monday.

      "In the current context, fundraising is really a difficult task for private companies, small- and medium-sized enterprises (SME) in particular," Hu Bo, chairman and founder of Ciming Health Checkup Management Group Co, a major private healthcare provider in the country, said Monday at a forum in Tianjin prior to the Annual Meeting of the New Champions, also dubbed the Summer Davos, to be held Tuesday through Thursday.

      Hu presented a grim outlook on the nation's private sector as a whole, although his company's IPO application to the Shenzhen Stock Exchange has gained approval from the securities regulatory authority in July. The company is now lining up for stock market debut, but it remains unknown how long it would take, according to Hu.

      Currently, many enterprises in the high-tech industry are SMEs, which are confronted with a host of problems, the most pressing of which is credit crunch, said Zhao Guofeng, chairman of Tianjin Jiuri Chemical Co.

      It is hard for the government to carry out policies aimed at shoring up lending for small and micro enterprises, which make up a large part of the country's private sector, said Hu, calling for the government to offer instant assistance to private companies in the real economy sectors.

      Cash-thirsty private companies have resorted to all possible means of funding to survive the hard times, including calling for help from the underground private financing vehicles, resulting in a tailspin in Wenzhou, a hubbub of private enterprises in costal Zhejiang Province. Taking note of the mounting concerns over financial stability, the State Council, the country's cabinet, announced in late March plans to establish a pilot zone in Wenzhou to rein in rampant financing activities out there, as well as offering financial help to small and micro companies.

      "Some economists and experts have voiced doubts over potential risks of such an initiative to restructure the private financing sector, but I believe it would be good to expose the risks and then take effective measures to help solve the problems," said Xian Guoming, assistant to the president of Nankai University.

      A key hurdle to the private firms is their inability to secure funding from banks, as banks generally believe it involves much higher risks providing loans to small private firms compared to big State-owned enterprises, Xian said, noting that the government should further continue reforms of the financial services for the SMEs.

      "Bolstering private financing vehicles with support from the government could be a more efficient and safer way to help boost private lending," Xian suggests.

      Comments (0)

      Copyright ©1999-2011 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 国产精品无码一区二区三区免费| 中文字幕免费不卡二区| 成人免费黄色网址| 久久狠狠高潮亚洲精品| 在线免费观看亚洲| 亚洲人成777在线播放| 成人免费福利视频| 亚洲精品**中文毛片| 曰批全过程免费视频播放网站| 老司机亚洲精品影院无码| 99久久免费观看| 亚洲成a人片在线网站| 日韩在线免费视频| 在线看片免费人成视频久网下载 | 亚洲伊人久久精品影院| 一级做a毛片免费视频| 亚洲女久久久噜噜噜熟女| 日本人成在线视频免费播放| 综合自拍亚洲综合图不卡区| 一级女人18毛片免费| 亚洲AV色欲色欲WWW| 亚洲一级片免费看| 精品无码国产污污污免费网站| 亚洲成aⅴ人在线观看| 成年女人18级毛片毛片免费 | 亚洲狠狠狠一区二区三区| 女人18一级毛片免费观看| 人人爽人人爽人人片A免费| 国产成人亚洲综合无码精品| 91福利免费视频| 国产精品亚洲AV三区| 99re免费视频| 亚洲GV天堂GV无码男同| 中文字幕不卡亚洲| 99在线精品免费视频九九视| 国产精品亚洲五月天高清| 亚洲成a人片在线观看中文动漫 | 亚洲中文字幕伊人久久无码| 日韩午夜理论免费TV影院| 亚洲精品无码少妇30P| 亚洲一区二区三区AV无码|