Small Business of China will be directly involved in the establishment of small banks and investment companies

This week, Chinese Minister of Industry - Lee Ichzhun announced that it would be advisable to make small business the PRC was able to participate directly in the creation of small banks and investment companies. Speech by Minister of Chinese industry was made at the meeting held on the development of Chinese small businesses. Lee Ichzhun said: "In my opinion, the big banks have to invest large business and small banks - a small business. In the creation of small banks in rural areas, small investment companies may be involved private equity. This will be a major reform with great meaning. " In a manner approved by the Minister, we can get rid of the problems of small business lending, which today is inherent in the world. Since the big banks will lend to large enterprises and small loans to take in small banks.