China guarantee industry investments & market outlook to 2011

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China guarantee industry is developing rapidly. As of the end of 2008, there had been 4,247 credit guarantee agencies serving small- and medium-sized enterprises (SMEs) in China; the total amount of guarantee for SMEs’ loans had reached RMB1.75 trillion, involving 907,000 companies. By the end of 2009, it’s estimated that there had been over 4,800 credit guarantee agencies serving SMEs in China, providing total guarantee amount of RMB2.6 trillion for 1.15 million enterprises (times).

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