China

China's ICBC suggests a more innovative approach to financing local SMEs.

The Industrial and Commercial Bank of China leads the way in SME lending in 2009.

Central bank to allow non-deposit taking companies and individuals to establish lending businesses.

Dr. Daniel Borgia, Director of the Institute of Chinese Studies at Florida's Gulf Coast University, USA, talks to Factorscan about the state of the Chinese economy and what are the implications of the downturn for the Chinese factoring industry.

The Bank of China Group has announced an increase in factoring business for 2008

Chinese financial firms should make support for SMEs a priority in 2009, and ensure that loan growth to such firms exceeds overall loan growth, the country's banking regulator said on Wednesday

180 small and medium-sized enterprises in Nanjing have signed contracts with financial institutions to receive a total of CNY3.2bn (EUR349.3m) in loans

The Beijing Municipal Government have announced the creation of the SME Venture Capital Investment Guiding Fund

Bank of Chongqing has promised to take a series of steps to help local SMEs fend off the global financial crisis

China Export Credit Insurance Corporation received a total of 936 export credit insurance claims in the first half of 2008, up 108 percent from the year before.