ANBOUND: Protecting Local Credit Environment is Protecting Local Assets
ANBOUND
Soft assets such as local credit environment will be more and more important in the future and will be essential content that attracts economic development factors. ANBOUND research team believes that market economy is credit economy. When the importance of local "hard factors" competition gradually falls, “soft environment” which includes local credit environment will be increasingly important. Local governments should attach great importance to local credit environment from the angle of protecting local assets. Lack of credit will destroy local assets.