Central Bank Improves SME Credit File to Help SMEs Financing

Yesterday, the People's Bank of China held a live meeting of the SME credit system construction work in Nantong City, Jiangsu Province. The meeting comprehensively summarized the progress of the construction of the credit system of SMEs in the past three years, put forward the existing problems, and studied and discussed the ideas and plans for the credit construction of small enterprises. Zhu Min, member of the Party Committee of the People's Bank of China and vice president, attended the meeting and delivered a speech.

In his speech, Zhu Min emphasized that small and medium-sized enterprises are an important force in China's national economic and social development, promoting the development of small and medium-sized enterprises, affecting people's livelihood, social stability, and the overall situation of China's stable economic growth. To promote the development of small and medium-sized enterprises, we must take measures to support small and medium-sized enterprises. Enterprise financing, and the construction of credit information system is the core foundation for SME financing; improving the construction of credit information system is also an effective means to optimize the social credit environment, expand the coverage of financial services, and solve the financing difficulties of SMEs. Zhu Min said that in 2006, the People's Bank of China and the relevant departments of the State Council cooperated with each other to take the lead in launching the pilot project for the construction of credit systems for SMEs, from the construction of credit system for SMEs, the collection of credit information for SMEs and database construction, the credit evaluation system for SMEs and the disclosure mechanism. We will improve and cultivate the credit awareness of SMEs, build a credit-restriction mechanism for “loss of trust and trustworthiness”, and use credit information services as an entry point to continuously enhance information and financial services for SMEs and effectively promote the development of SMEs. . As of the end of October this year, the country collected and updated 1.957 million SMEs with no credit relationship with banks, and the SME credit information files provided more than 3.54 million inquiries, including 2.276 million commercial banks, and more than 81,000 SMEs. The loan amounted to 134.13 billion yuan, and 15.9 small and medium-sized enterprises obtained the bank credit intention.

Focusing on the construction of the SME credit system in the next step, Zhu Min pointed out that it is necessary to further strengthen the credit information service of SMEs; collect information from multiple channels, improve the credit files of SMEs; integrate the strengths of all parties to support the construction of SME credit system; Small and three types of enterprise division standards; research and establishment of a credit service system for small enterprises and an experimental zone for the construction of SME credit information systems.

Zhu Min emphasized that the role of credit management in social and economic development is increasingly apparent. In the context of the international financial crisis, the situation is complex and urgent, and the task is more arduous. It requires the support of relevant departments, local governments, financial institutions, enterprises and individuals. Participation and cooperation require credit management departments at all levels to strengthen study, emancipate the mind, explore boldly, and study effective work measures; it is necessary to increase the training of credit bureaus and cultivate a professional team. I hope that everyone will work together and conscientiously perform their respective duties in accordance with the requirements of the scientific development concept, promote the healthy development of the credit information market, and push the construction of the social credit system to a new level.

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