男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影

Top Biz News

Bankers yet to jump on the green bandwagon

By Wang Bo (China Daily)
Updated: 2009-12-31 08:08
Large Medium Small

As a pioneering entrepreneur in China's environmental protection industry, Wen Yibo is no doubt upbeat about the prospects for his company. But a major hurdle now facing the 44-year-old is how to raise capital for business expansion.

"Access to capital is a serious bottleneck constraining the growth of start-up companies in low-carbon industries," said Wen, head of Sound Group, a Beijing-based environmental protection company specializing in wastewater treatment.

"We cannot afford to raise funds in the capital markets due to investor demand for high returns, and banks are usually reluctant to lend to technology-intensive companies that lack tangible collateral," he said.

Wen's concerns are shared by many entrepreneurs engaged in China's environmental protection and other sunrise, low-carbon industries, which expect to undergo accelerated development on the back of the nation's industrial-restructuring drive.

In a statement issued on Dec 23 by the nation's top financial authorities, the government is urging domestic financial institutions to adjust their lending structure in order to support key national and emerging low-carbon industries, while at the same time helping to restrain overcapacity in other sectors.

While commercial lenders have expressed an interest in exploring the largely untapped low-carbon sector, they remain wary over the inherent risks involved, including a lack of expertise lending to the sector.

But analysts say a fundamental change in the way banks lend is not likely to take place in the coming year, and mainstream lending will continue to flow to government-backed projects and State-owned enterprises.

Related readings:
Bankers yet to jump on the green bandwagon China undertaking low-carbon development: official
Bankers yet to jump on the green bandwagon Low-carbon innovation versus trade war
Bankers yet to jump on the green bandwagon China on track of low-carbon development
Bankers yet to jump on the green bandwagon China builds a low-carbon future

"It would be easier for the government to call for bank lending to exit from traditional energy-intensive and environmentally unfriendly industries, Chen Xi, a banking analyst at First Capital Securities, said.

But when it comes to loan candidates, banks have to make decisions based on their own commercial interests, Chen said.

Liu Mingkang, chairman of China Banking Regulatory Commission, warned commercial banks against the potential risks involved and has called for comprehensive policy support - in addition to tax breaks - to support the sustainable development of emerging industries during the current "economic transition".

"If the profitability of emerging industries rises as a result of policy support, commercial banks will have more incentive to offer more loans," the chairman said at a financial forum earlier this month.

The nation's historic lending spree this year has drawn widespread concern that Chinese banks could face financial challenges if massive bad loans emerged, eroding bank balance sheets in the coming years.

主站蜘蛛池模板: 青海省| 尼玛县| 全椒县| 西藏| 宾川县| 克东县| 新化县| 东海县| 玉屏| 宁德市| 彭山县| 河北省| 新宾| 石林| 民乐县| 金门县| 高淳县| 德化县| 会泽县| 通城县| 建湖县| 承德市| 天长市| 中山市| 江安县| 通海县| 西藏| 江达县| 上林县| 古交市| 闻喜县| 屯门区| 华亭县| 柘城县| 吉林省| 高陵县| 菏泽市| 吉木萨尔县| 望奎县| 溆浦县| 黄平县| 鄂伦春自治旗| 贵定县| 遵化市| 晋州市| 边坝县| 江达县| 偃师市| 建德市| 乌拉特前旗| 昌邑市| 华池县| 巴彦淖尔市| 卢湾区| 竹北市| 五常市| 山阳县| 辽阳县| 夏津县| 南通市| 肇东市| 谷城县| 连云港市| 天全县| 吉首市| 广元市| 孝感市| 长葛市| 嘉荫县| 乌鲁木齐县| 基隆市| 抚顺县| 宣武区| 遂溪县| 财经| 翁源县| 中超| 洛川县| 喀什市| 佛教| 平舆县| 伊川县|