On May 5, relevant leaders of Beijing SMEs Credits Re-guarantee Co., Ltd attended “SMEs Credit Guaranty Coverage and Compensation Fund Work” organized by SMEs Administration under Ministry of Industry and Information Technology. Qin Zhihui (Deputy Director of SMEs Administration under Ministry of Industry and Information Technology) and other leaders attended the meeting, and delivered speeches. Heads of SMEs authorities of six pilot provinces (Beijing, Guangdong, Anhui, Fujian, Shandong and Henan) and leaders of Beijing SMEs Credits Re-guarantee Co., Ltd were also present.
In the speech, Qin Zhihui pointed out: “Firstly, SMEs Credit Guaranty Coverage and Compensation Fund, set up by the Central Government, plays an active role and harvests initial effects. However, the development progress of six pilot provinces and cities is imbalanced. Secondly, it is necessary to do a good job in compensation work, and focuses should be made for implementation and enforcement of Document No.43 of the State Council. construction and operation of policy-based guarantee system. Thirdly, pilot provinces and cities should attach great importance to pilot work of SMEs Credit Guaranty Coverage and Compensation Fund, seek truth from facts, take into account local situations, develop and promote detailed rules for implementation in pragmatic manner.
Attendees also discussed and exchanged views upon regional re-guarantee business model, utilization progress and effectiveness of SMEs Credit Guaranty Coverage and Compensation Fund and suggestions for adjusting policies on SMEs Credit Guaranty Coverage and Compensation Fund.
