The Basic Structure Of China'S Micro Financial System Has Been Formed.

People's Bank of China graduate student party secretary Jiao Jinpu 27 pointed out that in recent years, China's Micro

Jiao Jinpu made this statement in the "third micro credit institutions and international investors exchange conference and small loan company seminar".

He said that the basic framework of China's micro financial system has been initially established, mainly manifested in the supply of the main body to achieve a multi-level and diversified development; technological innovation is further developed, product services are gradually enriched; micro financial regulation has gradually developed; policy support has been increasing; public services have begun to pervasive, and credit construction has achieved initial success.

Different from the traditional financial services based on city and industrialization.

Jiao Jinpu also pointed out that China's micro financial system has many weak links.

Among them, the problem of shortage of funds from microfinance companies is relatively prominent, and the multi-level supply system of wholesale and retail has not yet formed.

He suggested that the relevant departments should relax the financing ratio of small loan companies, and the proportion of registered capital and capital integration should be raised from the current 1:0.5 to 1:1 or 1:2.

Previously, the CBRC and the central bank issued the guidance on the pilot project of small loan companies issued in 2008.

Wu Xiaoling, vice chairman of the finance and Economic Commission of the National People's Congress, also pointed out that although microfinance companies have been developing vigorously in recent years, it is difficult to obtain more funds from banking institutions, which has become a major obstacle to their development.

"Banks can give loans to all enterprises, why not give more loans to small loan companies?" Wu Xiaoling appealed to expand the credit leverage ratio of small loan companies.

It is reported that the seminar is sponsored by the people's Bank of China graduate school, the German international cooperation agency, the world micro finance Geneva forum and the China inclusive finance working group.

Since 2009, the seminar has been held successfully for two sessions.

At this seminar, many domestic and foreign officials, scholars and financial institutions practitioners will exchange and dialogue on topics such as microfinance and other microfinance fields.