How is the National Development and Reform Commission involved in reform of SME financing?

Very recently a new player has become involved in the effort to get financing to the SMEs: the National Development and Reform Commission (NDRC).3 To this analyst, the involvement of NDRC speaks volumes about the unwillingness of the banks to take on the SMEs without some form of risk cushioning from the government. The following statistics and emerged from the NDRC during the Guangzhou conference announcing that NDRC will be in charge of planning to create a special bank to support SMEs: • The government will continue to support SMEs by subsidizing the cost of using the services of loan guarantee services in securing bank loans; • Via the Chinese Treasury, SMEs can access funds (RMB3.5 billion in 2007) dedicated to technology innovation to help them climb the value chain. • Total lending by commercial banks during the first quarter of 2008 came to RMB 2.2 trillion, of which only RMB300 billion was extended to SMEs.

More.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.