China's Premier Li Keqiang has signalled Beijing’s concerns in remarks to five provincial governors that local officials must make growth a priority. Photo: EPA-EFE
SCMP Editorial
Opinion

Opinion

Editorial by SCMP Editorial

The focus must be on SMEs as economic growth slow further

  • The private sector contributes the lion’s share of China’s GDP and new jobs; unless banks are prepared to undertake a calculated chance on them, small and medium-sized enterprises cannot achieve their full potential for driving the economy

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China's Premier Li Keqiang has signalled Beijing’s concerns in remarks to five provincial governors that local officials must make growth a priority. Photo: EPA-EFE
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