Description

The TA will promote the sustainable growth of Shanghai's SME sector by developing a comprehensive SME credit support system. Improved access of SMEs to credit is expected to facilitate the restructuring of state-owned enterprises and the transition of Shanghai's economy from one that is dominated by traditional industries to one comprising mainly service, processing, and high-tech industries. The development of appropriate SME credit and credit guarantee mechanisms under the TA will help increas... Read More

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