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Smooth loan channel for Chongqing small enterprises

Smooth loan channel for Chongqing small enterprises

Write: Walid [2011-05-20]

CHONGQING (CQNEWS) -- Chongqing credit load would set focus on "rural area, farmer and agriculture", small enterprises, emerging industries and green credit loan in 2011, said Chongqing Management Department of People's Bank of China on March 23, 2011.

The increased credit loan must be mainly invested in the contracted management of rural land, the construction of rural infrastructure, the development of agriculture and supporting industries, etc., according to Chongqing Management Department of People's Bank of China.

In addition, financial institutions must improve their financial service for small enterprises, enlarge their investment in small enterprises, and strive to make the loan growth rate of small enterprises be higher than the annual average growth rate of each loan. (Translated by Tan Hongxia, Fathom Language Limited)