日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Policy Watch

China legalizes private lending in Wenzhou

(Xinhua) Updated: 2014-02-28 17:14

WENZHOU, Zhejiang - China will start testing the waters of legalized private lending on Saturday in the pilot city of Wenzhou, where a liquidity crunch in underground lending in 2011 caused a credit crisis.

China legalizes private lending in Wenzhou 

Filling the gap in Wenzhou's finance market 

China legalizes private lending in Wenzhou

Wenzhou breaks new ground on private lending 

Zhang Zhenyu, deputy secretary-general of the municipal Communist Party of China Committee and head of the city's finance reform office, told Xinhua Friday that detailed rules of the regulation, which were finalized this week, will take effect on Saturday along with the regulation.

The Wenzhou Private Financing Regulation, passed by the Zhejiang Provincial People's Congress in November 2013, says that enterprises in need of funds can borrow private loans via three kinds of intermediary agencies, including private capital management firms, financing information service firms and lending service institutions, which are still not part of the formal financial system elsewhere in China.

Wenzhou's lending service institutions emerged in 2012, when the State Council approved a broad package of financial reforms allowing Wenzhou to serve as a testbed for liberalizing private lending, which had grown into a colossal underground industry, powered by the robust growth of the city's private economy.

These institutions keep record of lenders who lend over 3 million yuan (about$500,000) in a single private loan and collective loans with a combined value of over 10 million yuan.

There are currently seven such service centers in Wenzhou. By Dec 12, 2013, they had registered private capital of 7 billion yuan, with 2.5 billion in outstanding loans.

Wenzhou also has 11 private capital management firms, which specialize in offering financial services from private placement to project investment. By December, they had directed 2 billion yuan in private funding for investment in 618 commercial projects.

Zhu Zhongming, vice mayor of Wenzhou, said the city has set up an administrative system to regulate private financing activities. It is composed of a financial management bureau, a financial arbitration institution, a financial crime investigation team and a court.

The new regulation, with 7 chapters and 50 clauses, specifies regular private financing operations, risk control measures and legal liabilities.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 99成人在线 | 天天爱天天色 | 中文字幕第2页 | 国产成人精品在线视频 | 手机在线播放av | 国产精品视频一区二区三区不卡 | 免费成人深夜在线观看 | 成人高清免费 | 我要看免费的毛片 | 激情久久视频 | 狠狠撸视频 | 永久看看免费大片 | 国产综合在线播放 | 久久不卡一区 | 天堂色网 | 男人与禽猛交狂配 | a毛片在线免费观看 | 亚洲伦理在线 | 极品毛片| 亚洲成人 av | 在线观看免费黄色小视频 | 天天曰天天操 | 精品人伦一区二区 | 欧美 亚洲 | 亚洲欧美日韩综合在线 | 日韩成人一区 | 在线观看国产亚洲 | 男人天堂手机在线 | 一级片在线免费播放 | 欧美三级精品 | 日日日日日 | www.色天使| 国产久草视频 | 日韩av在线一区二区 | 亚洲成人免费网站 | 久久久亚洲成人 | 国产最新网址 | 日韩无套 | 日本a级大片 | 欧美日韩在线视频免费 | 欧美人与性动交α欧美精品 |