Project Description
IFC will work with Credit Reference Center of the People's Bank of China (CRC, PBOC), and various pilot lending institutions and local authorities to carry out specific project activities including (1) Further improving the legal and regulatory environment for movables financing; (2) develop a national accounts receivable financing platform; (3) promote movables financing products suitable for the rural, micro and small market segments.; (4) further reform of the the key industry and commerce registry in China.