China plans more steps to ease financing woes of small enterprises


Source: chinadaily.com.cn chinadaily.com.cn

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A technician works on an intelligent dyeing machine at a factory in Huzhou, Zhejiang province. WANG ZHENG/FOR CHINA DAILY China will take more steps to ease the financing difficulties of small and medium-sized enterprises, so that they can withstand the COVID-19 pandemic challenges and rising economic uncertainties, officials said during a high-level meeting. The meeting, chaired by Vice-Premier Liu He, urged financial institutions to improve their lending capacity continuously, to make sure that they "dare to lend, are willing to lend, are able to lend and can lend effectively". Due to the pandemic and the rising economic uncertainties, the country's...