Experts: 'Biased mindset' needs change

Borrowing costs soar for MSEs forced to rely upon expensive private lenders

Micro and small enterprises are still facing financing difficulties despite the government's efforts to support the development of MSEs since 2008.

Bankers and economic experts called for a reform of financial services and a design more appropriate for MSEs at the Boao Forum for Asia in Hainan province on April 8.