Beijing, Sep 10 (Xinhua) The Chinese government has pledged more aid from the country's financial institutions to boost its outsourcing industry, officials said Wednesday.
In a statement posted on the website of the central bank Wednesday, the government urged the banks to develop more policies and credit products tailored for the outsourcing business, especially for firms in the 20 pilot cities for the industry, including Beijing, Tianjin, Chongqing and Shanghai.
Insurance companies were also ordered to improve policies and create more insurance products for outsourcing firms.
Outsourcing companies were encouraged for listing in equity markets both at home and abroad to raise fund to increase their competitiveness.