Li Keqiang talks about the difficulty of financing private enterprises: the Ministry of Finance must come forward
Premier Wen Keqiang’s executive meeting of the State Council hosted on November 9th, two of which focused on the same theme: alleviating the difficulty of financing private enterprises, especially small and micro enterprises. "This work involves the overall situation of macroeconomic stability, and it is more about market expectations. It must be highly valued." Li Keqiang said, "To encourage the financial sector to take the initiative, the Ministry of Finance must 'get out of it'!" The Prime Minister said that solving private enterprises and small and micro enterprises is an important measure to stimulate market vitality and increase employment. In accordance with the deployment of the Party Central Committee and the State Council, various regions and departments have taken various measures to alleviate the financing problems of small and micro enterprises, and made certain progress. However, the problem of private enterprises, especially small and micro enterprises, financing difficulties is still outstanding. “The demand for loans from enterprises is very strong, but the problem is that private enterprises with demand, especially small and micro enterprises, cannot borrow money, and financial institutions not only have strict conditions for granting loans, but also may have “unspeakableâ€: some do not I am willing to lend, not to lend, more than one thing is less, afraid of taking risks and taking responsibility. How can such a state of mind ensure that the financial transmission mechanism is smooth?" Li Keqiang said. The Prime Minister stressed that the next step is to increase support for private enterprises and small and micro enterprises, and to achieve equal treatment for state-owned enterprises and private enterprises. It is necessary to broaden the financing channels, stimulate the internal motivation of financial institutions, and solve the problem of unwillingness to lend and not to lend. Clarify the credit recognition standards for diligence and diligence, guide financial institutions to properly decentralize credit approval authority, and link small and micro enterprise loan business with internal assessment and compensation. For financial institutions with large loan bases and high proportion of small and micro enterprises, they are given positive incentives for supervision. He demanded that the average interest rate of new small and micro enterprise loans issued by major commercial banks in the fourth quarter should be reduced by 1 percentage point from the first quarter. Remediation of unreasonable lending and lending, cleaning up unnecessary links and additional costs. The meeting also decided to further play the role of government financing guarantees, so that finance can better support small and micro enterprises and “agriculture, rural areas and farmersâ€. Li Keqiang said that government-level financing guarantees and re-guarantee institutions at all levels should focus on supporting small-funded financing guarantees, and focus on small and micro enterprises and “three rural†entities with single-person guarantees of 5 million yuan or less. At the same time reduce financing costs. The guarantee rate of the National Financing Guarantee Fund is not higher than the provincial agency rate. "All relevant departments should consider from the overall situation and take the initiative to introduce more 'hard measures' to send positive signals to the market." Li Keqiang said, "To create a good business environment, stimulate market vitality, and let private enterprises especially small. Micro-enterprises are everywhere. This is an important 'trick' to support the steady and healthy development of China's economy." The Emergency Sensor Light is specially designed for ceiling Mounted emergency lighting and with Microwave Sensor. from 12inch 18W to 18inch 36W. Dimmable lighting, Waterproof and Dustproof avialable. Widely using for Office and Household. Automatically light at once when buildings main power outage. It is more than 3 hours emergency time. When Main power is on, it use as an normal sensor lighting Led Emergency Sensor Light,Emergency Light Sensor,Microwave Sensor Emergency Light,Emergency Sensor Light Foshan Nai An Lighting Electric Co.,ltd , https://www.twinspotlights.com