91Beijing – VIDEO – CBRC the long-term loss of the zombie companies cannot be in debt to equity swap|Beijing – VIDEO – CBRC the long-term loss of the zombie companies cannot be in debt to equity swap7

Beijing – VIDEO – CBRC: implementation of the long-term loss of the zombie companies can not swap the CBRC: the long-term loss of the zombie companies cannot be in debt to equity swap [October 10th] subtitle guoxinban, held a press conference in Beijing. CBRC vice chairman Wang Zhaoxing said that the long-term loss of the zombie companies not in debt to equity swap. In accordance with the market-oriented approach, such zombie enterprises to deal with, there may be some companies bankruptcy, bankruptcy, the bank may bear some losses. The same period [] (CBRC vice chairman Wang Zhaoxing) first, just the NDRC’s colleagues have talked about the market, legalization of debt has a policy boundary, prohibited zombie companies, dishonest business enterprise overcapacity and encourage the implementation of debt to equity. For zombie companies, we encourage creditors committee to develop asset preservation plan clear and feasible, safe and orderly promote the reorganization or withdraw from the market, to achieve market clearing, in order to fully revitalize the precipitation in the "zombie enterprise" and other inefficient areas of credit resources. But for the technical management of advanced enterprises, when market conditions improve, it still has a chance of survival, for this kind of enterprise, we encourage the adoption of voluntary, by the debtor and creditors of equal consultation to determine the debt restructuring plan, to help enterprises overcome difficulties. This is also one of the meaning of corporate debt restructuring. Debt restructuring is also one of the most common ways in the world. It may be successful or fail. This is the result of market allocation of resources may occur, we encourage enterprises to strive for success, but also for the possible losses should be fully prepared and response measures, I would like to respond to here. Reporter Zeng sang Zhou Beijing reported