Financing difficulties Owned Enterprises in China

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Financing difficulties Owned Enterprises in China

management and arbitration institutions, standardize the behavior of lending or borrowing, do not want to have anything to worry about managing the government. In fact, no legal channel for private financing, private lending there has been a lot of, well very active. In the relatively developed coastal cities in the southeast, between enterprises, especially private industry, the direct disk temporary borrowing of funds to or higher than bank fixed-rate nature of the implementation of the public asked a huge amount of loans is estimated only between enterprises in direct lending 20o0 or borrowing of up to 80O ~ 1000 financial billion yuan. Specific figures could not have accurate statistics. So active in the private capital flows. Law does not care channels, most of the line according to unwritten rules or local practice: many questions arising such as usury - Do not be too complicated, interoperability is not strong: It is recommended arrested without government or official machine of the intermediaries, industry associations or by the independent panel nature of trade union machine dig for industry self-regulation. The Association shall have the following: non-profit, but can be charge a fee in accordance with the amount of each transaction; to develop practical, regional characteristics of the industry, with operating specifications; trade justice and arbitration capabilities; financing and transfers of technology capabilities. Only in this way, only standardize the borrowing and lending practices, stable active capital markets to solve the problem of financing private enterprises, but also regulate the market constraints of capital flows. but suggested that public authorities can only monitor, but not too much administrative intervention is too small. Otherwise, the commit chaos of the old trouble. Fifth, allow a certain scale, continuous 2-3 years with good earnings prospects for the development of private enterprises, enterprises can issue bonds, which give direction, given the scale of fund-raising ability. In Western developed countries, companies can issue corporate bonds targeted their own, just to the government agency authorized by the record management or debt management can be: The issue of the scope and scale, the basic recognition by the market to determine if someone is willing to buy, companies willing to sell on can be. Disk sector bond issuance, as opposed to quasi-human conditions listed shares issued, you must complete the procedures and financial spring Qi Feng, obviously much more convenient to save is very suitable for private enterprises in Taiwan. Private enterprises can take full advantage of its lower paste into Feng, simple procedures and faster time to issue corporate bonds directly to the private placement market and society, in order to facilitate the enterprise to provide strong financial support. But the ears ago in China, only large state-owned enterprises are eligible to participate in the ten games. Even so,[link widoczny dla zalogowanych], the harsh cranial Suo's qualification process with the long and complex process, it seems that all participants in the review if I save a good psychological quality and extraordinary patience. In fact, the management agencies do not have cruelty enterprises to issue bonds will disrupt the financial order or bow 【A question from the community: because of the market and society is the hardest piece of touchstone, who imagine their own hard-earned money to ducks and drakes fortune, to Buy a fundamental lack of understanding, the small-scale, poor profit performance, expected future city wall, clear light of corporate bonds? six, and norms that allow monitoring arm, the Government is clearly not just a passive recipient, can play more importantly, to guide the direction of financial turn to adjust the role of legs = turn to the government should actively guide the private direction of the pump through, so in a positive, healthy, secure, standardized direction. However, in order to change the previous line of Yan kinds of orders or regulations cause stiff and inflexible, and the whole effect of the traditional way, the advice may lead some foreign markets effective way. Example, according to China's national conditions, consider the annual interest Eb I aid a cream gold, entrusted to a high standard of financial management or fund management companies, the nature of investment banking business, should be emphasized that the agency must be completely for-profit for the purpose of standardizing operations according to market institutions or organizations add value through their development, the government can follow the printing of its annual net profit ratio of Extraction of a 7O% of the profits, the profits of the nature of free disk given to some private sector to support its more large-scale development, with such encouragement and role model, to stimulate higher levels of private enterprise and private capital flows more healthy. We have reason to believe. Chinese People Cao plate industry in the country's overall policy direction is positive threshold, steady, and gradually open the financial market box lance under and added wTO after the foreign financial capital of the impact, opening and improving the broadening of private corporate finance environment will be ripe, the Chinese private enterprises will no doubt be from the ear before