ASEM Seminar on All-Dimensional Support to the Financing of SMEs

Guangzhou, China by Dairui CHEN

ASEM Seminar on All-Dimensional Support to the Financing of SMEs took place on 11 October 2017 in Guanzhou, China.

The seminar aimed to look into the prominent issues on the financing of SMEs in Asia and Europe, including SMEs’ lack of access to finance, high cost of finance, overwhelming collateral requirements, gaps in obtaining credit information, cumbersome documentation processes, etc..It intended to provide the platform for policy exchanges, best practices sharing and case studies among ASEM members. It is hoped that relevant stakeholders have worked together, through this seminar, to identify the priority areas of cooperation and formulate recommendations for future actions.