pboc speech, 2006-03-22
To regulate the lending activities of the micro-credit companies, the central government or local government should stipulate the Rules on Management of Creditors, in which the industrial and commercial administrative authorities should be responsible for registration management; the individual credit registration system should require lending information to be registered and provide basic financial knowledge training program for both the borrowers and lenders, and the court should be able to adjudicate borrowing contract disputes.
Sentiment: neutral
Topic: mp_economic_activity