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LI Zibing: Mature banking systems are needed for better SME financing

Time:2013-04-08 12:03:47    Views:291456    Origin:Boao Forum for Asia

LI Zibing: President, China Association of SMEs

Financing issue is a big one for China. After the reforms, the banking systems are yet to mature. Without collateral and fixed assets, banks fail to support SMEs. We need to make the banking systems more mature and provide SMEs more opportunities to get better financing.