Some Chinese People's Political Consultative Conference (CPPCC) members stated that private enterprises account for more in the GDP than state-owned enterprises, but the former only comprises for less than 30% of the total approved loans, and the loan interest rate is often higher than that of state-owned enterprises. At the same time, if some private enterprises cannot repay their loans on time due to various reasons, refinancing will be very difficult. Anbound still believes that the best solution is to develop a "consortium economy." Banks should support large consortia rather than individual companies, and consortia can play a role in coordinating resources.