The pricing of financing credit for SMEs under government credit enhancement is an important pattern to solve the financing difficulties of SMEs. Using the data of SMEs credit guarantee fund from Wenzhou, this paper studies the cost of credit under government credit enhancement from three...

By allowing large classes of movable assets to be used as collateral, the Property Law reform trans-formed the secured transactions in China. Difference-in-differences tests show firms operating with ex-ante more movable assets expand access to bank credit and prolong debt maturity. However, the...

By allowing large classes of movable assets to be used as collateral, the Property Law reform transformed the secured transactions in China. Difference-in-differences test show firms operating with ex-ante more movable assets expand access to bank credit and prolong debt maturity. However, the...