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Strengthen Credit Risk Management of SMEs
Authors:Bin Qiang
Abstract:Definition What kind of enterprises can be called SMEs - small and medium enterprises? What is the standard? According to the standards written in the Law of Small and Medium Enterprises, in industry, small and medium enterprises must accord with the following conditions: the number of employees is under 2,000, or the amount of total sale is under 0.3 billion yuan, or the total assets are under 0.4billion yuan. In addition, medium enterprises must in the meantime satisfy the following conditions: the number of employees is above 300, the number of total sale is above 30 million yuan, and the total assets are above 40 million yuan. And the rest enterprises are small enterprises.
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