Bank head sees more active role for SMEs

Zhou Xiaochuan, governor of the People's Bank of China, said on Thursday that China would support efforts to develop policy recommendations on diversified financing for small and medium-sized enterprises during China's G20 presidency.

Zhou Xiaochuan made his remarks in welcoming a report from the Organization for Economic Cooperation and Development on SMEs, which was issued in Washington on Thursday before the G20 finance ministers meeting.

"The OECD Scoreboard is a valuable tool to support G20 work, and to monitor trends and the implications of financial reforms for SMEs," Zhou said. "It will not only enrich G20 discussion, but will also provide a reference for G20 policymakers."