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China's banking, insurance regulator vows efforts to help SMEs overcome coronavirus troubles
China's banking and insurance regulator on Thursday pledged continued efforts to help micro, small and medium-sized enterprises (SMEs) overcome coronavirus-related challenges and take the country's reform and opening-up in the financial sector to a deeper level.
Over 90 pct of SMEs in China resume operation: ministry
About 91 percent of China's small and medium-sized enterprises (SMEs) had resumed operation as of Monday after disruptions caused by COVID-19, official data showed.
Industrial Bank issues RMB30 bln special bonds to ramp up support for small businesses
Industrial Bank raised 30 billion yuan through the domestic interbank bond market in a bid to provide loans to the country's epidemic-hit small- and micro-sized enterprises, the Xinhua-run China Securities Journal reported on Wednesday.
Thai SEC readies funding support law for SMEs and start-ups
Ms. Ruenvadee Suwanmongkol, secretary-general of Thai Securities and Exchange Commission (SEC), revealed the progress concerning regulations to facilitate small and medium-sized enterprises (SMEs) and start-ups to raise funds through capital markets.
China ramps up efforts to help small businesses tide over tough time
China rolled out a raft of measures on Sunday to provisionally defer loan payments for small businesses to tide them over the difficulties amid the epidemic, according to the country's top banking and insurance regulator.
China Focus: Chinese cities on move to bail out epidemic-hit businesses
China's local governments and e-commerce platforms are moving to reduce rents and offer financial support to help small businesses tide over the novel coronavirus outbreak.
China's small, medium enterprises important contributors to economy: report
China's medium-sized, small and micro enterprises made important contributions to the country's economic development during the 2014-2018 period, official data showed.
China Development Bank transfers 100 bln yuan to small businesses
The China Development Bank (CDB), a major policy bank, has so far transferred 100 billion yuan (about 14.29 billion U.S. dollars) of loans this year to boost the development of small and micro firms and spur industrial growth in poverty-stricken areas.
China SME confidence continues to improve amid stabilizing economy
China's small and medium-sized enterprises (SMEs) showed improving business confidence in November as the country's economy is stabilizing amid policy support, a report showed.
China strives to nurture more hidden champion enterprises to quicken SMEs development
China has sought to nurture more hidden champion enterprises in a bid to push forward the development of small and medium-sized enterprises (SMEs), according to the Hidden Champions Development Summit held on Thursday during the second China International Import Expo (CIIE) in east China's Shanghai.
China's private, smaller enterprises report faster industrial output growth
China's private and smaller industrial companies posted faster-than-average growth in industrial output during the first three quarters, an offical said Tuesday.
China launches national credit service platform to facilitate SME financing
China officially launched a national credit service platform www.celoan.cn to facilitate small- and medium-sized enterprises (SME) financing Tuesday on the Forum for Credit System Construction of Chinese Cities held in Jinan, capital of Shandong Province.
Altmaier grants approval for SME joint venture
Germany's Minister of Economics Peter Altmaier, a member of the Christian Democrats (CDU), has granted ministerial approval for a planned joint venture between Miba and Zollern for the manufacture of plain bearings, subject to conditions.
Macao's new SME credit limit up by 60.4 pct in H1
The new small and medium-sized enterprise (SME) credit limit approved by Macao banks totaled 17.0 billion patacas (about 2.1 billion U.S. dollars) in the first half of 2019, up by 60.4 percent from the same period of 2018, the special administrative region's monetary watchdog said here on Monday.
China's SME fintech adoption rate leads the world: EY report
The adoption rate of fintech in China's small- and medium-sized enterprises (SMEs) ranked first in the world, according to the report, Global FinTech Adoption Index 2019, released by Ernst & Young Global Limited (EY).
Chinese lawmakers call for more efforts to promote SME development
Chinese lawmakers on Thursday called for more efforts to create better environment for the development of China's small and medium-sized enterprises (SMEs).
China moves to boost SME growth
China has unveiled a guideline to facilitate the sound development of small and medium-sized enterprises (SMEs).
Index shows rising financing demand and declining cost of China's SMEs in Q4, 2018
In the fourth quarter of 2018, the financing demand index of small- and micro-sized enterprises (SMEs) increased 2.86 points quarter-on-quarter to 107.09 points, according to the CCB-Xinhua Inclusive Finance-SME Index released today.
Across China: Traditional businesses cash in on online influencers
This is an emerging trend as more Chinese small and medium-sized retailers are seeking greater publicity online at affordable prices.
SME research network warns that innovation is declining
The AiF research network, which focuses on small and medium-sized industrial firms, has warned about a potential decline in the innovative strength of companies in the SME sector.
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