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The Tao of Financing National Tour "Yidaba.com" initiated series of assistance plan to help with SME financing

The Tao of Financing National Tour "Yidaba.com" initiated series of assistance plan to help with SME financing

  • Categories:Business Trends
  • Author:
  • Origin:
  • Time of issue:2008-07-17 11:12

(Summary description)To help SMEs break the bottleneck and improve the ability of financing, "The Tao of Financing National Tour" and Beijing SME financing experts site instruction were officially launched in Beijing Guangdong Hotel. The activity was co-sponsored by the research center for small and medium enterprise of Chinese Academy of Social Sciences and Beijing SME Service Center. "Yidaba.com", an online SME business circle, provided substantial support to the tour as the strategic partner of the activity.

The Tao of Financing National Tour "Yidaba.com" initiated series of assistance plan to help with SME financing

(Summary description)To help SMEs break the bottleneck and improve the ability of financing, "The Tao of Financing National Tour" and Beijing SME financing experts site instruction were officially launched in Beijing Guangdong Hotel. The activity was co-sponsored by the research center for small and medium enterprise of Chinese Academy of Social Sciences and Beijing SME Service Center. "Yidaba.com", an online SME business circle, provided substantial support to the tour as the strategic partner of the activity.

  • Categories:Business Trends
  • Author:
  • Origin:
  • Time of issue:2008-07-17 11:12
  • Views:2

To help SMEs break the bottleneck and improve the ability of financing, "The Tao of Financing National Tour" and Beijing SME financing experts site instruction were officially launched in Beijing Guangdong Hotel. The activity was co-sponsored by the research center for small and medium enterprise of Chinese Academy of Social Sciences and Beijing SME Service Center. "Yidaba.com", an online SME business circle, provided substantial support to the tour as the strategic partner of the activity.

According to a sponsors of this activity, "'The Tao of Financing National Tour' aims at improving SME managers' financing decision-making ability, strengthening their awareness of financing risk prevention, helping them with financing methods and skills and the choice of appropriate financing channels so as to ensure their reasonable and stable development." "Yidaba.com", as the strategic partner of the activity, also provided a network exchange platform for investors and financiers by taking full advantage of its edge besides reporting the entire activity. The platform was created to help SMEs solve financing problems through various related activities.

An expert pointed out that SMEs were faced with many problems concerning investment and financing. Some small enterprises with few assets were heavily indebted and had low ability of corporate guarantee. They didn't establish a sound financial system and had low level of credit rate. Some SMEs were troubled by high-risk loans and high costs. So the solution of financing problems was a "systematic project" SMEs must face. As regards this, director of "Yidaba.com" network financing platform said, "Yidaba.com" would continue its intense attention over SME investment and financing and was planning to organize related activities while taking advantage of online business circle to facilitate the contact between enterprises and investment and financing institutions to provide substantial assistance to SME financing.

As the strategic partner of this activity, "Yidaba.com" retains its intense interest in the subject of SME investment and financing. In May, "Yidaba.com" initiated "SME Investment and Financing Salon" together with professional investment and financing institutions, senior experts and scholars, media authorities and enterprise representatives. In June, "Yidaba.com" sponsored "Yidaba lecture room of SMEs", inviting legal experts on investment and financing and SME representatives to have a profound exchange of opinions of financing-related law practice. "Yidaba.com" will also sponsor a series of exchanges and trainings concerning SME investment and financing. A director of the website said "Yidaba.com" would well play the role of online business circle to serve SMEs and help with their development.

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