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China Finance, Inc. Has Great Confidence in This Year's Credit Guarantee Service
Tuesday, April 21, 2009 9:53 AM


(Source: PRNewswire)trackingNEW YORK and SHENZHEN, China, April 21 /PRNewswire-Asia/ -- China Finance, Inc. (OTC Bulletin Board: CHFI) (the "Company"), a provider of financial support and services for China's large and rapidly expanding class of small and medium enterprises ("SMEs"), announced today that Ann Yu, CEO of the Company, had attended the "2009 People's Bank Monetary Credit and Financial Market Workshop" that was held in Chengdu on Feb 26-27, 2009. According to the main subjects and significant results of the conference, Ms. Yu stated confidently that as the initiative of the new credit policy of the People's Bank of China goes forward, China Finance, Inc. will experience very prosperous development in investment and surety guarantee loan transactions.

The 2009 People's Bank Monetary Credit and Financial Market Workshop reviewed and summarized the work of monetary credits and financial market of the People's Bank throughout 2008. It also analyzed the new situation and new challenges it is currently facing and previewed the monetary credits and financial market work for 2009.

The financial planning duty of 2009 was specifically mentioned during the conference; that is, to strengthen and improve the so called "three rural" financial service, which is to promote rural financial products and service mode innovation, to consummate rural financial service, and to support rural construction. On the other hand, it will increase the credit policy instruction dynamics; support and promote the expansion of domestic needs and improve livelihoods and economic structure adjustments; encourage and guide the allocation of credit resources in financial institutions; emphatically support people's livelihoods, infrastructure construction, energy conservation, waste reduction and ecologically- friendly building and other reconstructions of financial and service works after disasters.

Ms. Ann Yu, CEO of the Company, stated: "From this conference, we can clearly see the positive support from the People's Bank of China to the agriculture, infrastructure, ecological and energy saving industries in the aspect of credit and financial services. China Finance, Inc. has always paid attention to the changes of policies in China and deeply researches the new directions of finance, credit and investment fields in China. Moreover, the Company has already proactively deployed positively in investment and credit guarantees in these industries. I have great confidence that in 2009, China Finance, Inc. will gain better performance in concert with China's economic recovery."

About China Finance, Inc.

China Finance, Inc.



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