Chapter 4061

Is it simpler to serve one customer or dozens of customers? If there are many loans to small and micro enterprises, the labor cost will increase a lot, so banks are very unwilling to lend to small and micro enterprises.

However, now there are foreign banks entering Linshan City. The service of foreign banks is much better than that of state-owned commercial banks, which makes the competitive pressure of state-owned commercial banks much greater, forcing them to improve.

Moreover, the municipal government also specifically sent people to several state-owned commercial banks in Linshan City to coordinate. The new policies issued by the state were all to support manufacturing enterprises and to help these enterprises carry out industrial upgrading. To engage in industrial upgrading, naturally, funds were needed. Where did the funds come from? Didn't it depend on financing?

If these state-owned commercial banks did not support these small and micro enterprises, they did not understand the spirit of the state's policy.

These state-owned commercial banks did not dare to offend the Linshan Municipal Government. After all, they were on the territory of Linshan City, and they also knew that Linshan Mayor Su Xinghui had an amazing background. It was said that this matter of supporting small and micro enterprises was proposed by Su Xinghui. Who dared not listen to the coordination of the municipal government?

Therefore, although the municipal government did not have direct jurisdiction over state-owned commercial banks, these state-owned commercial banks launched loan varieties for small and micro enterprises one after another, and in accordance with the spirit of the state policy, gave a considerable discount on loan interest rates.

Of course, their approval was still relatively strict. Enterprises applying for loans must be enterprises that invested and built factories in Linshan, and they must indeed carry out production process transformation. In short, their approval had a relatively complete process to ensure that no one would use this policy to cheat loans.

This kind of thing was not that it had not happened. No matter what policy was introduced, there would always be a batch of people who took advantage of loopholes, racking their brains to drill into the loopholes of the policy to seek profit.

Su Xinghui also asked the municipal government to set up a regulatory working group to specifically supervise the loans of such small and micro enterprises, supervise them from all aspects, ensure that these small and micro enterprises could get loans, and also ensure that the bank's money would not be cheated away. In addition, it also prevented some people from colluding with some individuals inside the bank to seek profit.

This approach of Linshan City also effectively curbed the rampant spread of private usury. In this era, because state-owned commercial banks were unwilling to lend to small and micro enterprises, and the vast majority of private enterprises were small and micro enterprises, they needed money to expand their production scale and improve their production processes.

Therefore, these small and micro enterprises could only borrow in the private sector, and many private loans were usury, with interest rates several times higher than the national interest rate, which put a heavy interest burden on these small and micro enterprises.

In addition, most of these people who lent usury had black and evil backgrounds. If those small and micro enterprises could not repay the usury, they would use various means to threaten, and even use violent means to urge collection, which was also a very big impact on social security.

If formal financial institutions could lend to these small and micro enterprises, it could greatly reduce the incidents of small and micro enterprises borrowing usury, and thus social security could be guaranteed.

Of course, this also required the public security department to increase the crackdown on usury because many black and evil forces forcibly lent usury to others. Only by cracking down from the source is it the most effective.

During this period, some cases of illegal fundraising also appeared nationwide, which also made the central government attach great importance to such new trends.

Illegal fundraising had been popular for a while more than ten years ago. At that time, many illegal fundraising cases occurred across the country. Many places had organizations like foundations, which used high interest rates of more than three percent to attract savings. After a long time, they could not pay the interest, and finally collapsed, harming countless masses.

At that time, these illegal fundraising cases were cracked down on nationwide, and this kind of case once disappeared. Even if there was such a case, it was only sporadic and could not become a big climate.

But in the past two years, with the vigorous development of private enterprises, the amount of funds needed by private enterprises was also getting larger and larger, but the support of financial institutions for private enterprises was limited, and the financing needs of private enterprises could not be met, so some private enterprises began to raise funds.

At first, they raised funds to meet their own financing needs, but later, some companies saw that the money they raised was an astronomical figure, and many people, for the sake of high interest, sent money to them in large bags and small bags. Their mentality changed.

They changed from meeting their own financing needs to raising funds for the purpose of raising funds, and their purpose of raising funds was for money. Others wanted to earn their interest, but they wanted to earn others' principal.

This kind of illegal fundraising case was generally very hidden. It was generally exposed only when the parties took the money and ran away, and the money of the fundraising masses could not be returned. But often by this time, it was already too late.

In this era, mobile payment had begun to be popular. Including Hanhai Technology, several large online shopping platforms had opened their own mobile payment platforms, and large sums of funds could be carried out through mobile payment, which made illegal fundraising cases more hidden.

Some companies also opened their own apps, using apps to absorb deposits, which was actually a variant of illegal fundraising. This kind of fresh thing made everyone have no experience, so it was very difficult to supervise. For a time, several similar cases broke out across the country.

The amount involved in these cases was at least over one hundred million, and the largest even involved more than one billion. In this era, it was considered a huge case.

These cases also aroused the attention of the central government. Central leaders gave instructions to severely crack down on these illegal fundraising cases, must bring criminals to justice, recover the stolen money, and save the losses of the masses.

At the same time, major news media also exposed these cases. They spared no effort to carry out legal publicity to the masses, let them not covet high interest, go to illegal fundraising, and carry out financial management through formal channels.

Local governments also conscientiously implemented the spirit of the central government and dealt heavy blows to these illegal fundraising cases. With the concerted efforts of the police in various places, many criminals were brought to justice, and a large part of the stolen money they took away was also recovered, but the stolen money that had already been squandered could not be recovered.

In order to fundamentally curb this wave of illegal fundraising, the central government also issued a series of instructions and policies to financial institutions, let financial institutions increase support for private enterprises, broaden the financing channels of private enterprises, and effectively solve the problem of difficult financing for private enterprises.

In addition, the central government also instructed financial regulatory departments to increase supervision of illegal fundraising and must curb this momentum of illegal fundraising.

Linshan City's performance in usury and illegal fundraising was very good. Su Xinghui had long reminded the Municipal Public Security Bureau to pay close attention, and Wen Guoning's ability was indeed very strong, and the crackdown on black and evil forces in Linshan City was very strong, so there was no soil for black and evil forces to survive in Linshan City.

Last year, several companies also came to Linshan City to engage in illegal fundraising, but they had just started their business when they were discovered by the Linshan Municipal Public Security Bureau. Wen Guoning immediately sent people to wipe out these people who engaged in illegal fundraising.

By now, no one dared to come to Linshan City to raise funds illegally.

These were all part of the investment environment for a city. Linshan City's public security was good, and financial institutions were willing to lend to small and micro enterprises, and there were many other preferential policies, such as preferential treatment in land and taxation, so many enterprises were willing to come to Linshan City to invest and build factories.

Especially some innovative enterprises liked to come to Linshan City to open companies because Linshan City had many preferential policies, a particularly good investment environment, and a particularly good atmosphere for technological innovation.

There was another point. Now Linshan City's urban construction was really particularly good. Although there were not many particularly high skyscrapers, the environment was very good, and the greening everywhere was done very well. It could be said to be a garden city. The housing prices here were not high, so it could attract many talents.

In the spring of 2009, Linshan City was thriving, which also reflected that the economic situation of the whole of China was developing in a good direction, and China's economy was recovering.

And at this time, the global economic situation was still very bad. In early March, the global stock market was falling wildly, especially the US Dow Jones Index, which hit the lowest level in the past ten years, which made the US economy sluggish.

The US economy had always been the barometer of the global economy. This was also the reason why the US subprime mortgage crisis would evolve into a global financial crisis. But under such a situation, China's economy was the first to start recovering, which was really an inspiring thing.