Thursday, November 20, 2014
Several Policy Instruments Are Needed to Alleviate Burdens of Small and Medium-sized Enterprises
ANBOUND
There aren't yet desirable answers to financing difficulties and expensive financing faced by China's small and medium-sized enterprises. ANBOUND research team thinks that it is a systematic project to alleviate burdens of small and medium-sized enterprises, which requires mutual coordination among several policy instruments in order to sort out administration, finance and taxation, SOE and financial system pertaining to a deeper reform. It is far from enough to tackle relevant problems by exclusively relying on the "targeted easing" policy of the central bank, it still needs a comprehensive plan at a higher level.