www.66psb.com_申博指定代理加盟

社友网

2019-05-24 20:03:59

字体:标准

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

  Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.Premier vows to cut costs for small firms#标题分割#StateCouncilmeetingworkstobringdownfinancingburdensonenterprisesChinawillworkhardertoensurefinancingcostsfacedbymicroandsmallenterprisesarefurtherreduced,withatargetofmakingoutstandingloanstothesefirmsapprovedbythefivelargeState-ownedcommercialbanksincreasebyover30percentthisyear,aStateCouncilexecutivemeetingchairedbyPremierLiKeqiangdecidedonWednesday."Loweringtheseenterprises'financingcostsisapressingissueinoureconomytoday.Ourprudentmonetarypolicyshouldbeeasedortightenedtotherightdegreetokeepliquidityreasonablysufficient.Weneedtoexercisewell-timedregulationratherthanfloodtheeconomywithstimulusmeasures,"Lisaid.Itwasdecidedatthemeetingthatthegovernmentmustmakeflexibleuseofvariousmonetarypolicyinstruments.Apolicyframeworkforapplyingafairlylowreserverequirementratioforsmallandmedium-sizedbankswillbeestablished.Thescaleofre-lendingandrediscountwillbeexpandedandmoretargetedcutsinthereserveratioforsmallandmedium-sizedbankswillbemade.Fundsthatarefreedupthroughthesemeasureswillbeusedforlendingtoprivatecompaniesandtomicroandsmallenterprises.Bondfinancingsupportinstrumentswillbepromotedtodeterminethatthescaleofbothbondfinancingbyprivatefirmsandspecialbondsissuedbyfinancialinstitutionsforsuchenterprisesexceeds2018levels.Banksneedtoimprovetheirevaluationmechanismstostrengthenconfidence,readinessandcapacityintheirlendingtosuchenterprises,itwasurgedatthemeeting.Thegovernmentwillsupportbanksinformulatinginclusivefinancingplansdedicatedtotheseenterprisesandguidebankstowardproperinterestratedetermination.AllthesemeasuresaredesignedtoensurethatthebalanceofloansextendedtomicroandsmallenterprisesbythefiveState-ownedcommercialbanks-IndustrialandCommercialBankofChina,AgriculturalBankofChina,BankofChina,ChinaConstructionBankandBankofCommunications-increasesbyover30percentthisyear,andtheoverallfinancingcostsformicroandsmallenterpriseswillbetrimmedbyanother1percentagepointoverlastyear."Wemustresolutelybringdownthefinancingcostsformicroandsmallenterprises.Thisisacrucialtaskinpromotingeconomicdevelopmentasithelpsliftemploymentandcontributestothehealthyandsteadygrowthofprivatecompanies,"Lisaid.Thecentralgovernmentwillcontinuetoallocatefundstoincentivizereductionsinfinancingfeesfacedbymicroandsmallenterprises.TheStateFinancingGuaranteeFundwillsupportnolessthan200billionyuan(billion)ofguaranteedloanstoatleast100,000microandsmallenterprisesthisyear.

责任编辑:www.66psb.com_申博指定代理加盟社友网:未经授权不得转载
关键词 >>

继续阅读

热新闻

热话题

热门推荐

关于我们 联系我们 版权声明 网站地图
百站百胜: 武磊7月将首度代表西班牙人来华比赛中乙队迎战 评论:《权游》龙妈和珊莎的谈话充满政客的博弈 《天天向上》五四运动特辑高天鹤变身实习主持人 一网打尽“美国移民排期”所有知识点,以后小纽再也不用担… 15岁少年喝农药录视频自杀:当地称已与家属达成协议 创十九年新高还不够摩根史丹利预计高通可能再涨15% 京东5月10日发布2019年第一季度财报 中超-泰达队史第1000球险遭补时绝杀1-1客平卓尔 曝利物浦pk巴萨夺欧洲最火帝星范戴克成转会关键 劳尔当教练是啥样?10张动图告诉你另一种劳尔 9.9分!能和《复联》《权游》叫板的,只有它 新媒:李显龙接班人敲定!曾任李光耀首席秘书 韩国警方表示:胜利涉嫌性招待17名女性多数承认嫌疑 全球最大的鬱金香花展要來了|今年春天讓我們相約渥太… 强如恒大上港也不曾双杀他们御林军今晚做到了 三星电子:2030年前对逻辑芯片业务投资133万亿韩元 亲友曝朴有天曾撞墙称没吸毒表示黄荷娜会耍手段 监管趋严Facebook阴云难散,微软接棒成华尔街新宠… 虎扑再次启动上市辅导工作辅导机构为中金公司等 疑似刘强东律师与女生录音完整版:曾两次主动致电 宋轶登央视一套双晚会化身追梦人筑梦青春 电商翻身受宠社交成大势2019上市科技股大盘点 招商证券:4月外资大幅流出局面将在5月得以改善 《中国新说唱》全球选拔赛激烈对抗纯味说唱即刻开启 国银租赁公布拟出售飞机 除小长假5月还有这些新规第1条就事关你的钱袋子 美联储暂不加息下调超额存款准备金利率符合预期 灰熊欲让昔日欧洲之王当主帅!猛龙也惦记过他 发达经济体住房自有率有多高?新加坡90.9%位居第一 汇源果汁卖给天地壹号?餐桌上对手走到一起是何真相 评级机构再次警告:“脱欧”延期也难避免英国降级 温格批利物浦天王:丢球怪他他犯这错不应该 美媒:中国海军正在赶上美国?美舰载机超中国20倍 数百亿资金驰援A股5月看涨?中信:最佳买点在中旬 中国联通招募5G体验用户:可不换卡不换号升级为5G 野村:洛阳钼业首季发盈警给予减持评级 “今晚吃鸡”商标驳回申请公司向法院提行政诉讼 小马偕妻伦敦拍摄遇扒手有惊无险皮包失而复得 东京奥运首金还是射击教练杜丽要和姑娘们一起扛 亚锦赛过关剑指奥运会石智勇:东京,不见不散 吳敦義:吳韓會不是鴻門宴 胡尔克今日迎上港百场里程碑三年贡献54球+39助 马来西亚前总理纳吉布涉“一马公司”案8月开审 美完全切断伊朗原油出口记者连问4遍中方怎么办 花旗:未来内地的政策将更及时灵活内房股首选融创 直击|马桶MT更名好记由人脉暗网变道内容电商 狂砸500亿?银联辟谣:系云闪付服务商违规发布 药明康德6.14亿A股获解除销售限制 Genteele丝绒记忆海绵吸水浴室防滑垫17''… 对话吴谨言:面对绯闻做好自己有恋情会公开 中国男子接力被取消亚锦赛金牌插曲不断更引期待 乐视网病危通知单:暂停上市今日起停牌28万股东凶矣 赵德胤频退林强配乐来回两百封电邮:差点要干架 解读谷歌财报:流量成本激增已迎来下行拐点 沃达丰:曾在华为设备中发现安全漏洞但很快就修复 名宿:阿扎尔进球数达不到梅西切尔西太依赖他了 深圳发现疑似“高考移民”引学生家长强烈追问 波音737MAX飞机有望下周试飞验收软件修复情况 通胀目标、金融稳定如何平衡?美联储面临棘手难题 都市丽人4月26日回购78万股耗资194万港币 方青卓《站住!小偷》化身女侦探皮衣套装上镜 传统百货失宠又失势:长安闭店赛特或易主 【到此一游】布魯克林植物園目前櫻花盛開,周末櫻花祭登場… 阿扎尔放话:肯定拿欧冠资格切尔西必须踢欧冠 九台农商下跌4%失守10天线首季少赚9% 德善啊你解锁了这么多穿衣新技能咋才说出来 美团小袋通过测试将成国内首个持证上路无人配送车 两场津沪战同现废人铲球!看着瘆人难逃足协追罚 评论:美国招生舞弊案重点是制度漏洞而非华人标签 陈羽凡近况曝光为某公司录小视频做宣传 风掣联合中广融信正式发布《中国马拉松营销蓝皮书》 拉卡拉正式上市:开盘价39.94元大涨20% 2019年版第五套人民币即将发行这些变化要留意 调查:英镑前景欠佳英退欧不确定性挥之不去 蔡英文出行撞伤警察,警方替蔡辩解:路太窄了 巴萨碾压式夺冠!皇马被打爆马竞输的没脾气 广州公开招标3家共享单车运营商ofo或无法参与 2019中国?衡水乐动中国饶阳(国际)民族音乐大赛启… 李汶翰微博认证UNINE队长全能中心位未来可期 这些海军英雄为海军建设发展做出突出贡献应被铭记 社交媒体让我们“渴求关注”网络人设割裂真实自我? 腾讯投资阿根廷移动银行初创公司Uala 乐事薯片涨价背后:成本上升填充空气的玩法难以为继 卡皇拦网大帽季后赛扣篮王!致敬詹皇死亡之帽 陕西潼关县人民医院挪用千万养老金从职工工资划扣 中国将进行电子竞技场馆星级评定建设人才数据库 高通预计与苹果的和解协议至少将给高通带来45亿美元 鲁能潍坊杯7月底开幕有四大亮点刘超阳任形象大使 世界首富出轨剧“新剧情”:八卦、谍战、爱情和金钱 瑞信:中石化油服目标价0.7港元维持跑输大市评级 小米回应有品特殊激励需放弃年终奖:仅限核心主管 郑秀文花160万台币抓奸?被曝故意设局擒腥夫力破“安心… 利拉德现役季后赛50+第四人!排第一的竟是他 还敢熬夜?加2000小时班才能付得起一次植发手术费 监管趋严Facebook阴云难散,微软接棒成华尔街新宠… 马克龙提系列举措应对“黄马甲运动” 小腿提踵训练的好处你不一定都了解 刘强东案未剪辑视频细节:给女生披外套下车后手挽手 大盘历史新高之后接下来将何去何从? 在五四那天招商银行行长给青年员工写了一封信 美国制造业活动降至两年半低点经济在第二季度放缓 钟丽缇21岁大女儿与外籍男友亲密合影照曝光 曾任国务院副秘书长的江小涓受聘清华长聘教授 张近东:民企高质量参与为“一带一路”增色添彩 85岁原子弹“功勋工人”吃不起抗癌药政府部门介入 再见天体之王!孔卡宣布退役 配资平台跑路大起底:“李鬼”挖的是这些“坑” 北京雨后早晨仅10℃天空现壮丽美景 西媒曝皇马敲定欧洲神锋!6000万欧元签约6年 收18瓶高档白酒重庆公安局原局长何挺下属被双开 乐华家族周年纪念演唱会官宣6月2日澳门开启首秀 苏门答腊岛连日暴雨引发洪水和山体滑坡已致29死 初请失业金数据待公布黄金价格微幅上调 重庆正厅官员落马曾说抓关键以反腐实效取信于民 鲁能潍坊杯7月底开幕有四大亮点刘超阳任形象大使 看着中国5G飞速发展美国情报界好着急 民生银行一季度营收增长19.35%资产总额重回6万亿 九台农商下跌4%失守10天线首季少赚9% 晚间美国GDP数据重磅来袭投行认为数据比较乐观 乘联会:4月乘用车零售稍有改善零售业仍面临大压力 美国4月ISM制造业指数创30个月最低美元跳水 胡玫新作《进京城》曝终极海报演绎传奇众生相 火箭饼皇病了!两种病毒缠身G5或仍要带病出战 南京溧水区区长薛凤冠拟任县委书记 贝尔遭齐达内弃用!主场不让他踢妖人复出替他 新京报评论摩登天空文案:它离音乐已经越来越远 半场-戴琳助攻佩莱抽射包抄两开花鲁能暂2-0卓尔 台湾444位学子组成“腹愁者联盟”体验饥饿12小时 中超天王山打响谁将成神兵?暴力鸟PK国安\"4外援\… 2018年能源便利店业务爆发粤运交通瞄准网约车服务 美民主党人要穆勒就通俄门调查作证特朗普发推反对 阿斯顿·马丁VantageAMR官图发布全球限量2… 前央视主持人郎永淳指控拼多多侵权 胡可发现安吉英文手写信儿子想养乌龟字体很呆萌 涉谷昴宣布设立个人FanClub将于今秋CD出道 成品油价或实现年内第七涨加满一箱油将多花6元 刘涛开发新菜谱王凯学习泥塑自成“抽象派” 从空姐到“保镖”再到王后泰国新王后啥来头? 相比科创基金你更应该关注这种基金 大西雅圖4月27-28活動|櫻花節,農場剪羊毛,動… 神秘买家5.5亿购1.73亿股香港航空控股权成谜 2米10巨人怒砸胡明轩赛后发文与球迷“约架” 看呆!埃梅里自杀式操作赢球希望被他亲手扼杀 北海拟紧邻白海豚栖息地采砂专家:环评应更谨慎 有貧血的爸媽,懷孕前記得去做「海洋性貧血基因檢測」! 国民党“初选特别办法”将提报中常会韩国瑜:尊重 印度军方公告发现\"雪人\"却遭尼泊尔官方打脸:是熊 高盛:中国中车降至中性评级目标价7.7港元 金立群:\"一带一路\"让大家了解亚投行使命和项目标准 林俊杰庆祝粉丝破五千万送福利大秀腹肌身材好 外媒:花650万美元送女儿上斯坦福的中国富豪是他 袁仁国被免贵州政协委员贵州茅台千元之路添堵? 消费金融新江湖:数字时代下青年群体消费金融面面观 三十年来最大跌幅!3M发生了什么? 黄心颖出轨许志安事件再发酵,她爸爸当年劈腿的事也被曝光… 人民网总编辑余清楚退休副总编辑罗华接任 罗华任人民网总编辑副总裁 东盟10+3考虑将人民币和日圆纳入其区域货币互换协议 吳周會周錫瑋鼓吹辦辯論 荣耀20系列临近发布,这是我们知道的全部信息 库蒂尼奥:我一直在看利物浦比赛在那里我很开心 特雷莎梅面对的脱欧压力增大英镑下挫、欧股上扬 东北鹤岗“白菜房价”的背后:贵州老师询价想来避暑 梅吹新高度!制造生词形容梅西这吹法见过没? 2万亿美元基建共识达成美联储重回加息正轨? 揭圈养大熊猫繁殖野化:从“两情相悦”到回归自然 家长控制App开发者希望苹果向第三方开放屏幕时间API 30+7三分双创新高! 美国化工厂爆炸已致3人死亡事故原因仍未确定 美国加州犹太教堂枪案嫌犯被捕 650万美元买进斯坦福\"普通女孩\"背后的中国土豪… 任帅新片开机演绎爱国人士高度责任心获赞 1+2+3+4!一名合格海军军官是这样炼成的…… 中国文物保护立法不断完善索回5000余件流失文物 国际曲联男子系列赛决赛马来西亚赛区举行发布会 積欠酒駕罰鍰義務人執行署桃園分署追討 热钱离场对影视行业究竟有多大影响? 轩萱CP官宣selina:谢谢张轩睿出现在我的生命 脱欧延迟期间英国央行料对调整利率持谨慎态度 你愿意花十万美元让死去的宠物狗克隆“复活”吗? 欧元区数据疲弱欧股小涨英镑\"涨\"声中静待英银考验 原乐视副董刘弘所持乐视影业股份将拍卖起拍价6千万 奥古斯托:两个伟大俱乐部对决从来没有轻视过恒大 动视暴雪第一季度营收18.25亿美元净利同比降11% 对话哈里-爱德生:中国正走在对的方向可以超过美国 营收大涨Facebook复活? 美媒:美空军在太平洋演练“化整为零” 褚时健遗孀马静芬:87岁再出发仍是“创业者” 中国已签发超千万张电子社保卡将实现跨地一网通办 在西雅圖和4個北京人一起搓了一頓焦溜丸子、鹵煮火燒、松… 主场连续丢分125+!勇士输快船还觉得偶然吗 摩托车占应急车道疏导交通被罚交警:与疏导无关 曝利物浦天王当选英超最佳博格巴意外进最佳阵 码农福音北京首条自行车专用路本月底完工试运营 重钢首季盈利盈利1.5亿元同比跌57% 英法院就引渡举行听证阿桑奇:泄密为保护民众 网友偶遇贾乃亮王源杨超越众人玩过山车关系融洽