On the afternoon of June 27^th, the Conference on Bank-Enterprise Cooperation was held in our city. Nine commercial banks had frank discussions with over 100 enterprise representatives. Deputy Mayor Liu Xiulan attended the meeting and gave a speech. 

In the recent years, the small and medium enterprises of our city have always maintained a good momentum of healthy and rapid development. However, the key factor restricting the development is still the financing difficulty. In 2007, the small and medium enterprises all over the city obtained loans of 7.181 billion RMB Yuan from banks (credit cooperatives), only accounting for 16.7% in the enterprise total assets. This conference  intended to build the communication platform between small and medium enterprises and financial institutions so as to promote the bank-enterprise cooperation. 

At the meeting, 9 banks including Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Tailong Commercial Bank, Chouzhou Commercial Bank, etc. and over 100 enterprise representatives of Lishui City carried out joint communication on financial products and services. The nine banks signed contracts with 42 enterprises on site with a total credit amount of 2.7836 billion RMB Yuan.

 

Liu Xiulan pointed out at the meeting that the economy decides the finance while the finance boosts economic development; the banks and enterprises are closely related and mutually dependent; they shall understand each other and support each other to work hard and build a new type of bank-enterprise relationship. Liu Xiulan demanded that financial institutions shall convert ideas and bring forth new methods to further expand the credit quota of Lishui enterprises; they shall strive for the credit policy support from upper banks to expand the credit quota of Lishui; they shall actively tap fund potential, revitalize credit stock and further raise the deposit-loan ratio; actual effects shall be enhanced and supported by means of financial products, service innovation and extension of diversifying financing channels; as for the small and medium enterprises with long cooperation period, good operating status, high credibility and normal capital flow, they may consider proper issuing of loans on credit to widen the financing modes and channels of small and medium enterprises; relevant departments shall promote the bank-enterprise communication, build the harmonious bank-enterprise relationship, enhance the financial awareness, reinforce the credit system construction, strengthen the leadership of government and intensify the cooperation among departments; through the bank-enterprise cooperation, a new and more extensive bank-enterprise relationship shall be built step by step to realize mutual development and prosperity.

 

 

Source: Lishui Foreign Trade & Economic Cooperation Bureau

(All information published in this website is authentic in Chinese. English is provided for reference only. )