In order to lower funding costs to a reasonable level, without undermining China’s economic-restructuring effort, monetary policy must be combined with well-designed and concerted financial reform. Only then can Chinese SMEs finally gain access to the funding they need to thrive.
要使融资成本下降到合理水平而不破坏中国经济重组大局，货币政策必须与设计良好、协调划一的金融改革相结合。惟其如此，中国中小企业才能获得茁壮成长所需要的资金。