China’s vice premier urges financial support for small and medium firms

August 20, 2018

HONG KONG (Reuters) – China needs to beef up its capital markets and broaden financing channels for small and medium enterprises (SMEs) as part of wider efforts to support the corporate sector, Vice Premier Liu He said on Monday.

“We need to pay close attention in resolving outstanding problems in SMEs,” Liu said in comments posted on the cabinet’s website http://www.gov.cn “There is a need to improve capital markets and broaden direct financing channels for SMEs.”

(Reporting by Lee Chyen Yee in Singapore and Meg Shen in Hong Kong; Editing by Clarence Fernandez)

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August 20, 2018 at 06:35PM
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