Legal and policy measures for new ventures discussed to support SMEs
At the beginning of this year the SME Promotion Regulation was put into effect to tackle the problem.
At the beginning of this year the SME Promotion Regulation was put into effect to tackle the problem.
A rebound in the consumer price index (CPI) in August has encouraged economic researchers to confidently predict that the Chinese economy is set to finally shake off a nearly two-year-old price slump this year.
China's economy is expected to grow by 8.3 per cent this year and perhaps another 8.5 per cent in 2004, a top government think-tank said in a report released on 25 September.
China National Chemical Engineering (Group) Corp. (CNCEC) and China Export and Credit Insurance Corporation (SINOSURE) held a signing ceremony in Beijing for the first overseas investment insurance policy for SINOSURE.
China's reform programme to cut tax rebates for exports seems to have temporarily hit an impasse, partially due to a stronger-than-expected performance of the export sector - which entails higher payouts from the government.
The 2003 China International Small and Medium-sized Enterprises' (SMEs) Commodities Fair opened in Changzhou in East China's Jiangsu Province on Saturday (20 September 2003).
According to a survey by China’s central bank value-added industrial output recorded by small- and medium-sized enterprises (SMEs) was 1,400 billion yuan (US$168.7bn) in the first six months 2003, accounting for 58.7 per cent of China’s total outp
"Innovation" and "diversification" are perhaps the most frequently used words in China these days, especially when government officials and economists talk about financing for the country's small and medium-sized enterprises (SMEs).
The balance of loans provided by financial institutions in China had hit 15.89 trillion yuan by the end of June this year, up 22.9 per cent year-on-year; the balance of broad money M2 had hit 20.49 trillion yuan, up 20.8 per cent, the highest sinc
China will raise the reserve requirements on domestic and foreign banks and other deposit-taking financial institutions next month in order to reduce the country's money supply and cool off an over-heated economy.