Shanghai Securities News China Securities Network News (Reporter Zhang Jones) On April 25, the Inclusive Finance Department of the State Administration of Financial Supervision responded to the suggestion of \”Mr. Ning\”, a netizen in Jinan, Shandong Province, on \”improving policies such as credit fund supervision and stimulating the vitality of private enterprises.\” The State Administration of Financial Supervision will study it carefully, adopt it in its work, and continuously improve the financial services of private enterprises.
In response to the problem of financing difficulties and expensive financing for private enterprises, the State Administration of Financial Supervision responded: In November 2023, eight departments including the People\’s Bank of China and the State Administration of Financial Supervision issued the \”Notice on Strengthening Financial Support Measures to Support the Development and Growth of the Private Economy\” to continue to increase credit resources. 25 measures were proposed in terms of investment and other aspects.
Next, the State Administration of Financial Supervision will strictly implement the requirements of the notice, guide banking financial institutions to continue to improve financial services for private enterprises, urge banking financial institutions to increase support for first loans and credit loans, strengthen technological empowerment, and develop credit suitable for private enterprises. similar financing products and continued to expand the scale of credit loans.
Netizen \”Mr. Ning\” suggested that if the children of private entrepreneurs do not participate in the operation of the enterprise and do not benefit from the enterprise, banks cannot require them to assume joint and several liability when lending; otherwise, the children of entrepreneurs need to bear the responsibility.
Regarding the phenomenon of joint and several liability guarantees for the children of entrepreneurs, the State Administration of Financial Supervision responded: After research and understanding, there is a certain objective rationality from the perspective of bank credit management. The solution of related problems requires joint efforts from all parties, including vigorously improving the overall integrity level of society, private enterprises Enterprises have effectively strengthened corporate governance and standardized financial management, and banking financial institutions have continued to improve credit and risk control technologies.
Regarding the proposal of the netizen \”Mr. Ning\” to introduce a personal bankruptcy law, the State Administration of Financial Supervision said that it will actively cooperate with the legislative body to determine whether personal bankruptcy should be legalized, the actual needs and positive effects of legalization, whether the timing is appropriate, and whether supporting conditions are met, etc. Conduct research and argumentation on issues.
The State Administration of Financial Supervision responded to netizen suggestions: actively cooperate with the legislative body to conduct research and demonstration on issues such as whether personal bankruptcy should be legalized
In response to the problem of financing difficulties and expensive financing for private enterprises, the State Administration of Financial Supervision responded: In November 2023, eight departments including the People\’s Bank of China and the State Administration of Financial Supervision issued the \”Notice on Strengthening Financial Support Measures to Support the Development and Growth of the Private Economy\” to continue to increase credit resources. 25 measures were proposed in terms of investment and other aspects. Next, the State Administration of Financial Supervision will strictly implement the requirements of the notice, guide banking financial institutions to continue to improve financial services for private enterprises, urge banking financial institutions to increase support for first loans and credit loans, strengthen technological empowerment, and develop credit suitable for private enterprises. similar financing products and continued to expand the scale of credit loans.
