Chinese authorities intend to create a domestic small and medium enterprises more favorable conditions in the area of market access, taxation and credit to a greater extent to identify the role of private investment.
reported at a press conference organized by Press Office of the State Council of China, Xinhua passes.
should be without the slightest hesitation to promote and support the development of economy based on neobschestvennyh forms of ownership, and to further enhance the access of private enterprises to areas of the capital, stressed at a press conference, Deputy Head of the State Committee for the Development and Reform Zhu Chzhisin.
Deputy Minister of Finance of the PRC Syuedun Dean said that in order to promote the growth of private investment, the Chinese Government has taken several measures, which include, inter alia, reducing the tax burden for businesses, the introduction of consumer value-added tax, reduction of restrictions on the issuance of bonds of enterprises, strengthening financial Tax-supporting businesses.
Vice-Director of the People's Bank of China Su Ning, in turn, assured that more efforts will be designed to meet the needs of small and medium-sized enterprises in the accumulation of money.
According to statistics, at the end of June this year in the amount of balances on loans for small and medium-sized enterprises reached 13.7 trillion. yuan, increasing by 31.3% over the same period last year. Growth rates were 17.8 percentage points higher than at the end of last year.
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