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Small firms’ credit crisis under control
Evening lights shining from surrounding factories shatter the dark silence dominating buildings owned by the Zhengdeli Shoes Company. Piles of unfinished shoes sit the company’s warehouse and workshops. A few…
Survey: Small businesses struggle to survive along Pearl River Delta
Small businesses in the Pearl River Delta have gloomy profit projections for this year due to a number of factors, especially rising production costs and tightened liquidity, a survey has…
Chinese entrepreneurs called to upgrade businesses
Chinese entrepreneurs all over the world should strive to build moderan and professional businesses as the global environment continues to evolve, Singapore Prime Minister Lee Hsien Loong said on Thursday.…
Wen urges financial support for small businesses
Chinese Premier Wen Jiabao has urged stronger financial support for China’s small businesses and better regulation of private lending activities to prevent risks of capital shortage from spreading. Small enterprises…
China expands lending to fund-hungry small firms
Chinese banks have extended more loans to small firms to ease their financial predicaments as the government tightens monetary supply, a banking regulator said on Sept 28. Outstanding loans to…
Industrial enterprises’ profits up 28% in Jan-Aug
Combined profits of China’s industrial enterprises of scale rose 28.2 percent year-on-year to 3.23 trillion yuan ($504.4 billion) in the first eight months, the National Bureau of Statistics (NBS) said…
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