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Luqiao’s Innovative Approach to Cross-strait Cooperation on Micro and Small Finance

In: Microfinance and China's Regional Development

Author

Listed:
  • Wen Xiao

    (Zhejiang University)

  • Jiadong Pan

    (Zhejiang Institution of Administration)

  • Wenwu Xie

    (Zhejiang University)

Abstract

In 2013, Luqiao district became a pilot area for micro and small financial innovation cooperation across the Taiwan Strait in Zhejiang Province. Taking the opportunity of the Cross-strait Micro and Small Finance Development Forum, the Luqiao district government worked with typical micro and small finance research institutions in the Chinese mainland and Taiwan, promoted the cooperation and exchange of financial services between micro and small enterprises across the Strait, studied and promoted the mutual establishment of banking financial institutions across the Strait, initiated investment and business cooperation, and timely promoted Luqiao enterprises to enter the Taiwan capital market. It introduced the best practices of Taiwan’s micro and small financial services in the innovative development of Luqiao micro and small financial services. In addition, by building a micro and small finance cluster in Luqiao district, the government encourages local micro and small finance to cooperate with each other, and achieve cross-regional services based on Luqiao to make micro and small finance bigger and stronger.

Suggested Citation

  • Wen Xiao & Jiadong Pan & Wenwu Xie, 2023. "Luqiao’s Innovative Approach to Cross-strait Cooperation on Micro and Small Finance," Springer Books, in: Microfinance and China's Regional Development, chapter 0, pages 235-251, Springer.
    • Handle: RePEc:spr:sprchp:978-981-99-1960-4_9
    DOI: 10.1007/978-981-99-1960-4_9
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