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BIZCHINA> Top Biz News
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Banks urged to support SMEs in IT industry
By Ding Qingfen and Yang Zhen (chinadaily.com.cn)
Updated: 2009-03-06 17:52 China will encourage financial institutions to provide more support to small- and medium-sized enterprises (SMEs) in the IT industry, Liu Mingkang, head of China's banking regulator, said on the sidelines of the ongoing National People's Congress on Friday.
He also urged Chinese lenders to work closely with venture capital and private equity firms to provide sufficient financial support to SMEs in the IT industry. (For more biz stories, please visit Industries)
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