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China will properly extend the implementation period of the policy that allows qualified small businesses to apply for delays of repayments of loan principal and interest. It also will create policy instruments to support banks to issue loans with no collateral, an official of the China Banking and Insurance Regulatory Commission said on Monday.
China's central bank governor Yi Gang said during the 10th Lujiazui Forum in mid-June in Shanghai that the average lifespan of a Chinese SME is only about three years.

China's capital market has been increasingly favored by global investors, including the US companies, in recent years. This reflects the confidence of international investors in China's economic growth and their recognition of the deepening reform and opening-up of the country's capital market, said the spokesperson.
China will expand the railway network to 150,000 kilometers by 2020, including 30,000 km of high-speed rail, according to the 13th five-year plan (2016-20) for railway construction issued by the nation's top economic regulator on Friday.
China's EV charging service market is estimated to create an industry value worth 2.2 billion yuan (5.9 million) by 2020, a report by industry association China EV100 and the Natural Resources Defense Council said.
来源:资阳报