Monday, November 17, 2008

Personal lending business is expected to register small and medium enterprises to borrow money more easily

the small and medium enterprises so that "money for the winter", after the approval of individuals and businesses will be able to engage in legitimate business lending. People's Bank of China Liu Ping, deputy director of the Research Council 16 said the central bank from the drafting of the "people lending regulations," the draft has been submitted to the State Council Legislative Affairs Office, once the Bill is passed into law means that banks in the credit market monopoly was broken, "non-lending sun "At the national level, legislation has been confirmed.

personal loan business can be registered

At present, the mortgage industry in common is a legitimate business model pawn and a security line, and more private lending is through the form of underground banks, "regulations in effect for underground banks, in line with the norms guiding the conditions for small and medium-sized banks Business services, rather than suppressed. "Liu Ping expressed the hope that the passage of the so that private capital surface, have a positive effect.

During the interview, Liu Ping, revealed an important message that the future will allow the registration of individuals engaged in business lending. Eligible businesses and individuals can start lending business, access to the threshold of the central bank released this year in the light of the "micro-credit pilot's guidance," and may be appropriate to relax. The key point is that lending money to be its own funds, deposits strictly prohibited, "not only by land." Lending rates should not exceed 4 times the benchmark interest rate. Banks are eligible to draw the attention of authorities pre-approval, after the industrial and commercial registration department.

Credits and debits>

According to the draft, non-lending for small and medium enterprises and the main farmers. Collateral can be movable or immovable property, specifically through mutual consultation.

The specific to small and medium-sized farmers, their hands no real estate, the central bank in the proposal, property law for the fourth-round opening up the scope of mortgage, enterprises can use the machine, equipment, property and so on to do outstanding mortgage, the actual Ordinance on loans for the implementation of the law paving the road. ■ Beijing Morning News feeds

Hunan heat from all walks of life that non-credit

"The good news is that small and medium enterprises"

November 17, media reports People's Bank of China Liu Ping, deputy director of the Research Council in 16 multinational companies attended the round table when the CEO disclosed that the central bank from the drafting of the "people lending regulations," the draft has been submitted to the State Council Legislative Affairs Office. 17, an interview with a reporter in Hunan financial stakeholders.

"It's pawn industry have considerable influence." Changsha Yin Jian Liu pawn business line manager, told reporters: "The people have been financed through banks, security companies and pawn line, now more than a way to pawn our trip The business will definitely be effective, as to the extent that it depends on the specific degree of openness, non-governmental lending greater degree of openness, and that will impact on our considerable. "

"Long overdue opening, to a large extent, this will solve the financing problem." Central South University Business School associate professor Jiang Hong has been the policy of open support: "The small and medium enterprises and farmers in Hunan have their financing, a lot of things Can not do that now, with loans open to them is good news. "■ ZHU Yu-wen

□ deal with the financial crisis in investment 4 trillion of investment success can be 6 trillion GDP

4 trillion of investment, China's economy can bring much in return?

According to the "11th Five-Year Plan" members of the Committee of Experts, Peking University School of Government Professor Yang Kaizhong estimated 4 trillion economic stimulus plan in the next few years could bring a total of more than 6 trillion of GDP, the equivalent of 2007 in Guangdong, Shanghai, Zhejiang provinces and cities in three of the total GDP. He suggested that in order to maximize the multiplier effect of this on the one hand, the choice of investment projects need to focus on
In the long chain of industries, led the major effects of the project; On the other hand, do everything possible to create conditions to increase the population to consume, the expansion of consumption in economic growth in the share.

A source revealed to reporters that the current 4 trillion in investment, the central government is about 1 trillion invested and the remaining 3 trillion or so is to use government investment to promote social investment. ■ China's economic weekly feeds

□ deal with the financial crisis in the housing market

Central or further out specific policy stability in the housing market

The Chinese government to increase security in housing construction, real estate industry in the near future be able to maintain stability is concerned. Jian Guanceng information from the show, in order to stabilize the real estate market, will be central in the earlier introduction of the tax and fee waiver on the basis of the further introduction of more specific policy.

Reporters learned from informed sources, as a result of the real estate industry related to the large number of major impact on the national economy, relevant departments will accelerate the progress of work in order to implement the central authorities have put the stability of the real estate market. As for the need to refine the policy, involving the real estate market regulation and control departments, is stepping up efforts to study and coordinate in order to launch as soon as possible.

Housing and Construction Minister Jiang Weixin urban and rural areas in recent days in the Department of Housing a teleconference on real estate development put forward a request businesses, which at the government level for the first time in the near future. He said, it is necessary to actively guide the development of real estate companies take the initiative to respond to changes in the market and reasonable price adjustment, the promotion of active trading. ■ Business News Feed

□ enterprises to deal with financial crisis

Guangdong denied that the "wave of business failures"

The "Guangdong enterprises into more than 50,000 closures" of the rumors, the Guangdong Provincial Economic and Trade Commission issued 16 media called the latest results of the survey: January to September this year, the province's total number of businesses closed for 7148, mainly concentrated in the Pearl River Delta .

From the Guangdong Provincial Economic and Trade Commission statistics released results from the distribution industry, shut down enterprises concentrated in the textile and garment, plastic hardware, electronics, ceramics and building materials, such as traditional, low-skilled, high-energy industry.

Deputy director of the Guangdong Economic and Trade Commission, the Secretary for small and medium enterprises in Guangdong Liuhuan Quan said, "no matter which department statistics, compared to January-September this year, Guangdong Province, 90,000 new small and medium-sized enterprises to close this year are still reasonable The scope and can not come to 'closures' conclusions. "■ feeds Shenzhen Commercial Daily (Editor Li Lanxiang)

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