Lianhe Global Expects China to Ensure a Suitable Monetary and Financial Environment to Support the Economic Growth

Private enterprises, especially micro and small-sized enterprises, generally face greater difficulties in accessing credit facilities compared with state-owned entities in China. The challenges have become more prominent since 2018 due to the complicated economic condition with slowed growth momentum, while the People’s Bank of China (“PBOC”) has proactively imposed new policies and measures in particular to help private enterprises solve their financing problems.