Cao Dongpo: Accurate Policy Efforts: Creating Bond Financing Support Tools for Private Enterprise

Release time:2018-10-26Author: Cao Dongpo

A few days ago, Premier Li Keqiang presided over an executive meeting of the State Council, demanding the introduction of more policies that are conducive to the development of private enterprises, and making important decisions such as the establishment of bond financing support tools for private enterprises. After the meeting, the People's Bank of China immediately released relevant supporting measures, including innovative financing tools, improving the financial availability of private enterprises, emphasizing risk sharing, repairing market risk appetite, and creating bond financing tools for private enterprise.The meeting faced the current financing difficulties of private enterprises, created bond financing support tools, emphasized precise efforts, and continued to escort the development of private enterprises. On the whole, the introduction of the policy will help to further ease the current financing problems of private enterprises, which will play a more significant supporting role in improving the development environment of private enterprises and stimulating the vitality of private enterprises under the current situation of greater external environmental pressure.