Wang Qishan: Crack Down On Illegal Financial Activities &Nbsp; Ensure The Capital Needs Of Small Businesses.

In private interest

"At present, we need to crack down on illegal financial activities. The focus is on illegal fund-raising and market pyramid schemes, in order to maintain order in the financial market and keep the bottom line of systemic and regional financial risks."

Wang Qishan, vice premier of the State Council, said during his inspection tour in Gansu from 20 to 21.

There is a pressure policy and optimization.

Recently, news about folk credit everywhere is common.

BMW Township, a poor county in Sihong, Jiangsu, has attracted wide attention in the whole country.

Because of the lucrative profits of private credit, a large number of illegal capital raising methods have been raised in Sihong County jurisdiction to raise funds for lending at high interest rates.

And the emergence of this situation, and

According to relevant reports, some areas of the southern coastal areas, especially the developed areas of private credit, such as Wenzhou, are also the most concentrated areas of SMEs. At present, private lending is extremely active and the interest rate is very high.

However, once the situation that the borrower fails to repay, it will lead to significant financial risks.

Wang Qishan said that while the financial sector is serving the real economy, it must change its own way of development, optimize its structure and layout rationally, so as to avoid blind expansion across the region, one-sided pursuit of scale, and strive to achieve speed and structure, quality and efficiency.

We should track and analyze the trend of the financial market, pay close attention to the situation of private lending and standardize the products of customers' financial management.

At a symposium on rural and small business financial services held in Gansu, Wang Qishan stressed that financial support for "agriculture, rural areas and farmers" and small businesses can only be strengthened and can not be weakened.

"Facing the current extremely complicated and uncertain international economic situation, it is essential to run our own affairs well.

In accordance with the requirements and deployment of the central authorities, the financial system should correctly handle the relationship between the three stable and rapid economic development, adjust the economic structure and manage the inflation expectations, implement a sound monetary policy, persist in maintaining pressure, optimize the credit structure, and ensure the reasonable demand for funds for agriculture, rural areas and farmers.

Wang Qishan said.

Ma Guangyuan, a well-known economist, said in an interview with our reporter not long ago, according to his general feeling in the research of the southern coastal cities, the current small and medium-sized enterprises are more difficult than in 2008, the financing cost is higher, and the situation is more severe.

Many economists agree with the above views.

Prior to this, our reporter learned from the parties concerned, including ministries of the NDRC, the Ministry of finance, the State Administration of Taxation and the Ministry of industry and commerce, in accordance with the requirements of the State Council, jointly preparing relevant policies to support SMEs, and it is likely to be introduced in the second half of this year.