China builds "credit IDs" for millions of companies

For many years, the word “credit” has become a bar to the development of Chinese SMEs: Due to the lack of bank-recognized credit records, these hard-working small business owners often have to turn to private lending when they are short of money. Or simply "hibernation" bitterness.

In the last loop of the private lending chain, it is often the case of small companies that are unable to maintain or fall.

Today, China hopes to recoup a "credit ID card" and help a large number of small and medium-sized enterprises to obtain ** from the bank and thus spend "money shortage."

This huge plan has been launched and it has already reached a certain scale. Wang Xiaolei, deputy director of the People's Bank of China Credit Information Center, told China News Service that as of the end of July 2011, China’s unified corporate and personal credit information system had established credit files for more than 17.9 million enterprises and 790 million natural persons. In just a few years, the People's Bank of China Credit Information Center has become the credit rating agency with the largest number of institutions and the largest population in the world.

Millions of small and medium-sized enterprises that have been "forbearned" by the bank and have never had a credit relationship with banks have entered the field of vision. Wang Xiaolei said that as of June 2011, 2.19 million households had entered the corporate credit information system through supplementing and improving information, and 310,000 SMEs that supplemented and improved information obtained bank credit intent, of which 188,000 SMEs received bank loans. Get ** total nearly 7 trillion yuan***.

In Changzhou, Jiangsu, where private capital is well-developed, a company called “Chunhui Animation” benefits from this. Ding Yuanda, general manager of the company, told reporters that although the private capital of Jiangsu is abundant, it is not easy for the animation industry to seek financial support. If it does not meet Jiangnan Bank, the company's hard-working “Dragon Diary” and “Renzhengyi” are two cartoons. May not be available.

Jiangnan Rural Commercial Bank, which Ding Yuanda spoke about, found Chunhui Animation using the credit assistance system developed by the People's Bank of China, Jiangsu Nanjing Center Branch. Lu Xiangyang, the president of the Jiangnan Rural Commercial Bank, said that at the time, the funds for Chunhui Animation had basically dried up, and “when New Year's Eve was almost unable to pay wages”. Today, just relying on the RMB 500,000 of the Jiangnan Rural Commercial Bank, Chunhui Animation has “outside the door”. Originally produced animated cartoons have been sold to France, Germany, Italy, and Spain and appear on various European and American TV stations. In the frequency band.

In Hunan Miluo, one of the largest waste materials in central and southern China, Zhou Jinlong, the mayor of the Central South Region, said in an interview with the China News Service: Before the local enterprises had “credit ID” in 2004, the entire renewable resources industry in Miluo was about 700. The number of bank loans received by a number of companies is less than 10 million yuan each year. These family-owned SMEs generally fail to meet the access requirements of banks, and actual demand exceeds at least 200 million yuan. "This strong contrast has severely restricted the expansion and upgrading of the renewable resources industry in the Miluo."

However, the situation has changed: In 2004, Miluo City SME Credit Association was formally established, and the renewable resources industry built a “one-for-three companies” credit platform. “After the company was included in the credit system, the bank issued only 555 pens for enterprises in the Miluo Industrial Park in 2010, totaling 546 million yuan. The financial support has strongly promoted the rapid development of Hunan's Minor SMEs,” said Zhou Jinlong. At the same time that many renewable resources companies acquired **, the three local companies including Chutian Technologies, Jincheng Industry, and Shengte Technology also achieved the listing.

Zhou Xiaoqiang, president of the People's Bank of China's Changsha Central Branch, told the China News Service that the construction of a credit system for SMEs could only be a castle in the air. It is the effective linkage of the government, the People's Bank of China, financial institutions, credit intermediary agencies and enterprises that has promoted SMEs. Therefore, we must play the role of the second identity card of “credit” and promote the development of SMEs. (Text/Wei Wei)

Promotion Styles

Promotion Styles,Marketing Strategy Sample ,Types Of Strategies ,List Of Marketing Strategies

Non-woven Shopping Bag Co., Ltd. , http://www.nbnonwovenbag.com