Chinese bankers call for boost to SME lending

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<html> <head> <title>Chinese bankers call for boost to SME lending</title> </head> <body> <h1>Chinese bankers call for boost to SME lending</h1> <div class="info">Author: <a href="http://www.a1articles.com/author_1_129226.html">David Parks</a></div><div class="body">China Merchants Bank Co Ltd and China Minsheng Banking Corp have called for provision of tax incentives and easing of norms in order to boost lending to SMEs in China with a view to help them recover from the global economic downturn as well as create more employment opportunities.<br /> <br /> Representatives of China Merchants Bank Co Ltd and China Minsheng Banking Corp have submitted separate proposals to the government, urging regulators to relax lending norms and issue SME-friendly loan policies.<br /> <br /> Ma Weihua, president of China Merchants Bank Co Ltd, has requested the government to provide tax sops to banks to help them scale up lending to the country's SME sector. The government has been urged to extend support towards the cause of lending to small firms in China, which can create jobs and sustain innovative business models.<br /> <br /> Besides tax incentives for boosting SME lending, exclusion of lending to small businesses in regulatory quotas for loans and deposits is one of the major demands made by the chairman of China Minsheng Banking Corp, Dong Wenbiao.<br /> <br /> For more detail on <a href="http://www.bizxchange.in/">Business to Business</a> log on to http://www.bizxchange.in/<br /> <br /> David Parks is a well known author and has written articles on <a href="http://www.bizxchange.in/timessme/faces/jsp/smecalculator/measurementCalculator.jsp">Measurement Calculator</a> and <a href="http://directory.bizxchange.in/u0/C10008L1KAT_M/Electrical-Equipment-@-Supplies.html">Electrical Equipment Suppliers</a>, suppliers, Manufactures and many other subjects.</div> <div class="source">Article Source: <a href="http://www.a1articles.com/chinese-bankers-call-for-boost-to-sme-lending-1438867.html">http://www.a1articles.com/chinese-bankers-call-for-boost-to-sme-lending-1438867.html</a></div> <div class="author"> <div class="authorBio"></div> </author> </body> </html>

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Chinese bankers call for boost to SME lending Author: David Parks China Merchants Bank Co Ltd and China Minsheng Banking Corp have called for provision of tax incentives and easing of norms in order to boost lending to SMEs in China with a view to help them recover from the global economic downturn as well as create more employment opportunities. Representatives of China Merchants Bank Co Ltd and China Minsheng Banking Corp have submitted separate proposals to the government, urging regulators to relax lending norms and issue SME-friendly loan policies. Ma Weihua, president of China Merchants Bank Co Ltd, has requested the government to provide tax sops to banks to help them scale up lending to the country's SME sector. The government has been urged to extend support towards the cause of lending to small firms in China, which can create jobs and sustain innovative business models. Besides tax incentives for boosting SME lending, exclusion of lending to small businesses in regulatory quotas for loans and deposits is one of the major demands made by the chairman of China Minsheng Banking Corp, Dong Wenbiao. For more detail on Business to Business log on to http://www.bizxchange.in/ David Parks is a well known author and has written articles on Measurement Calculator and Electrical Equipment Suppliers, suppliers, Manufactures and many other subjects. Article Source: http://www.a1articles.com/chinese-bankers-call-for-boost-to-sme-lending-1438867.html About the Author:

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