Handling The Problem Of Private Lending Should Be Guided By Dredging.

Zhejiang province is promoting various measures to help SMEs out of difficulties.

For the present

"Dealing with the problem of private lending is also like controlling water. We should focus on dredging, and seek advantages and avoid disadvantages.

For example, build a reservoir and accumulate it; build a channel and guide it to a correct one.

"There are many reasons for this small and medium-sized enterprises shutting down because of the social impact, but private lending, especially usury, has become the last straw to crush camels. This shows that there are problems in private lending, such as difficulty in monitoring capital flows, difficulty in controlling potential risks, and easy production of debt disputes."

Zhao Hongzhu said, "this requires us to further regulate private lending activities, accelerate the reform of related institutional mechanisms, and guide the healthy development of private lending."

Zhao Hongzhu said that to manage private funds well, we need to start from four aspects:

The first is to raise the level of supervision of private financing.

It is necessary to build early warning mechanism for private financing risks so as to achieve early warning, early warning risks and early measures.

Two, we should rationally guide the flow of private capital.

An important reason for the risk of private lending is that many lending funds are divorced from the real economy and normal production and business activities.

It is necessary to guide private financing funds to the short-term capital turnover of start-up enterprises, small and medium-sized enterprises' production and business and personal entrepreneurship through intensive management, as well as equity and debt investment of growing backbone enterprises.

The three is to speed up local financial innovation.

We should focus on building Zhejiang's "SME financial service center" and "private wealth management center", striving to make Zhejiang a "Pioneer Area for investment and financing of small and medium enterprises" and "private capital investment highland". We should consider and solve the problem of alleviating the financing difficulties of small and medium-sized enterprises and private capital investment, and promote the organic integration of Zhejiang's private economy and private capital, and promote the healthy development of private enterprises.

For example, we should accelerate the construction of Wenzhou financial agglomeration area and Wenzhou financial comprehensive reform pilot area, and strive to win the national pilot policy.

Four, we must resolutely crack down on illegal financial activities.

For illegal fund-raising and other enterprises and individuals involved in these acts, we must resolutely crack down on them and ban them so as to allow the offenders to pay the corresponding price so that criminals can get the punishment they need to ensure economic, financial security and social stability.

Zhao Hongzhu believes that the overall economic situation in Zhejiang is improving and the overall operation of SMEs is healthy.

According to the statistics of Zhejiang industry and Commerce Bureau, from 1 to August this year, 91601 new enterprises were set up in the province, and 21777 were cancelled, representing an increase of 12.3% and 4.25% compared with the same period last year.

From 1 to September, the total output value of industrial enterprises below the scale increased by 21.9% over the same period last year, and the total profits and taxes increased by 33.5% and 31.4% respectively over the same period last year.

It is understood that the Zhejiang provincial Party committee and the provincial government have implemented the State Council's policy opinions on supporting the development of small and medium-sized enterprises, and put forward a package of measures to solve the problems and difficulties of small and medium-sized enterprises, including increasing the protection of credit funds, increasing financial and tax support efforts, and increasing support efforts.

Zhao Hongzhu said, now these measures have achieved good results, the production and operation of enterprises, the capital and guarantee chain gradually become normal, some of the owners have already returned to the local initiative, indicating that under the guidance and support of the government, they will lead the employees out of the predicament.

"In the long run, only by constantly accelerating the pformation of the mode of enterprise development and promoting the pformation and upgrading of small and medium enterprises is the radical solution to all kinds of difficulties and problems."

Zhao Hongzhu said.