The long-standing "symbiotic lending" relationship between the central enterprises and banks is breaking down, and the myth of creditability of the central enterprises has been broken and some of the central enterprises involved might not be adapting well.

Anbound's research team, however, is of the view that this is good for China’s market-oriented reform.

When providing financing services, all the banks in China should adopt an equal, market oriented standard instead of using the odd-shaped collective enterprises as the standard.