Beijing to implement policies to support smaller enterprises


Under such policies, financial institutions will factor in a company’s quality management and brand reputation when issuing loans. — China Daily

BEIJING: China will implement a batch of policies, including those addressing financing and credit, to support small and micro-sized enterprises (SMSEs), platform firms and unicorns, so as to help them expand business and unleash vitality, according to an announcement at a conference by the State Council, the nation’s Cabinet.

Buoyed by signals of support for the private sector, share prices rose in China on Monday.

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