SME venture capital fund will be set up at the beginning of 300 million yuan

Zibin, chairman of the SME Association, said at the "Forum on Investment and Development of private enterprises in China", the SME Association is currently leading the establishment of SME banks and the Chinese SME venture capital Fund, which is initially set at around 300 million. Huang, Chairman of China Securities Association, pointed out that from the development of private enterprises and the relationship between China's capital market, private enterprises in the national economy in the pivotal position and its financial support is not commensurate, in a long time, a large number of private enterprises financing channels are very narrow. 　This makes the development of private enterprises by the capital, internal governance structure constraints, can not cope with the changes outside, to achieve rapid transformation and further development. He believes that to improve and expand the system of transfer of shares agent, improve the relevant system design, including the OTC market, such as multi-level capital market system, give full play to the capital market to guide the private capital entrepreneurial sector. The institutional design adjustment of the transfer system of the share agency may be considered: first, shorten the business agent listing required time, three years shortened to two years; second, the establishment of limited liability company as a Joint Stock Co., Ltd. can be listed in the transfer system of the share agent; third, the listed companies in the transfer system of the share agent, 　Not regular microfinance and so on. Jingyuan, chief economist of the National Bureau of Statistics, points out that despite the difficulties and problems China faces, macro-control policies are working and economic fundamentals are still good, "it is estimated that China's economy will grow at around 10% this year." "Jingyuan analysis, the reason why there is such an optimistic estimate, because from the first quarter of the data disclosed that China's agriculture has maintained a good growth posture; industry continues to develop." Fixed assets investment too fast, too much money and credit and foreign trade surplus is too big, these three problems have eased, China's economic performance in the first quarter better than the forecast.