Guo Guangchang

This time Ma’s ambitions have been of public opinion support from ?Li Ka-shing” (in other words, the wealthiest people) tycoon Guo Guangchang. Yesterday, at the National People’s Congress, Guo Guangchang, the chairman of the Shanghai Fuxing High-Tech (Group) Co., Ltd., interviewed at the two sessions, expressed his support for Ma to set up Internet banking, in order to find a way to solve the financial difficulties of small businesses.

He said that in the last year’s financial crisis, foreign companies decreased the size, and the private enterprises are still increasing jobs, therefore, showing the responsibility of the private enterprise towards society. They have to further resolve the employment problem, particularly among SMEs. The government needs to increase support for small businesses. There are more than 70% of employment through small business solution, and small businesses will get more in terms of support if that is the key to solving the employment problem.

Guo Guangchang stated that the Government should relax the cultural industries, the financial services industry and other areas of market access and provide financial support for small businesses. He pointed out that the current financial difficulties of small enterprises have been a consensus, major banks for 50 million or less having difficulty to operate on small loans. ?How do I break through this problem?? He considered relying on private enterprise innovation mechanism. Therefore, he expressed support for Ma to set up Internet banking, using Alibaba’s platform, or what that might be called, to resolve viable small business financial methods.

At the National People’s Congress, Zhi-Qing Shao, the deputy of the Shanghai’s Economic and Information Committee, also mentioned in the interview that in order to solve the financing problems of SMEs, the bank can give support to the new form of “network platform, above the banks form”. The reference is very good.
For the Internet banking specific running form, Zhi-Qing Shao thinks it would be through a number of a large network platform. For example, Taobao is a very good electronic platform. It provides a lot of job opportunities.

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