China to set up $1.84b SME fund2014-05-28
China will budget 11.5 billion yuan($1.84 billion)this year for a special fund to support small and medium-sized enterprises(SMEs)as they face rising production costs, weak market demand and difficulty in obtaining financing.
China's SME board sees fast growth2014-05-26
China's SME board, a sub-board of the Shenzhen Stock Exchange for the listing of small and medium-sized enterprises (SMEs), has seen fast growth since its launch a decade ago.
Bank loans to small Chinese firms rise2014-04-28
Outstanding loans from both domestic and foreign-invested banks to the nation's small and micro-sized companies stood at 13.7 trillion yuan(2.22 trillion US dollars)as of the end of March, new data showed on Friday.
ChiNext refinancing rules to be released soon2014-03-12
The refinancing rules for listed companies on the Shenzhen-based Nasdaq-style ChiNext board have been completed and will be made public soon, according to a senior executive of the Shenzhen Stock Exchange on Tuesday.
Financing being set up just for SMEs2014-02-26
A finance house to be known as China Small and Medium Enterprise Bank is expected to be set up with registered capital of about 20 billion yuan($3.3 billion)in a move to explore innovation in loan products and risk-prevention mechanism for SMEs.
China's 8,000 micro-credit firms lend big2014-01-27
China had 7839 micro-credit firms by the end of 2013, which made 227 billion yuan(37 billion U.S.dollars)in new loans last year, according to the central bank.
Financing to ease for small tech firms2014-01-16
China will improve delivery of financial services to small technology companies by promoting innovation in the financial system, People's Bank of China announced in a statement jointly released with five other government entities on Wednesday.
Lending to micro firms up 20.8%2013-12-23
Outstanding loans to micro and small-sized firms reached 17.6 trillion yuan($2.89 trillion)by the end of November, up by 20.8 percent from the same time last year, the China Banking Regulatory Commission(CBRC)said Monday.
Alipay lent 20.8b yuan in Q32013-10-30
Alipay Wednesday said that it has distributed 20.8 billion yuan($3.41 billion)in micro-loan service loans to 302863 micro and small enterprises in the third quarter this year, mainly due to the boost from the sales promotion day of November 11.