On November 26, the 2017 China Pawn Innovation and Exchange Program hosted by Beijing Municipal Commission of Commerce, Beijing Cultural Relics Bureau and Beijing Administration for Industry and Commerce, Beijing Pawnshop Industry Association and China Securities Auction (Beijing) Co., Ltd. was held in the Beijing National Conference Center. More than 300 representatives from pawnshops associations and enterprises in 29 provinces, autonomous regions and municipalities directly in the Central Government attended the exchange.

 

In recent years, the rapid development of the pawn industry has played an active role in meeting the financing needs of small and medium-sized and micro enterprises, residents' emergency needs and promoting economic and social development, and has made positive contributions to the national economy and social development. However, there are still many limitations and constraints in the current development. In this regard, the regulatory authorities make recommendations: do a good job of risk prevention, improve anti-risk ability; do a good job in service innovation, promote the healthy development of the industry; do a good job of upgrading their functions and better service enterprises.

 

The successful holding of this event has made new contributions to establishing a new image of the pawn industry with Chinese characteristics in a new era, raising public awareness of pawnshops and raising the social influence of pawnshops. In the days to come, pawnshops practitioners will seize new opportunities and meet new challenges so as to promote the steady and sustained development of the pawn industry throughout the country and make greater contribution to the economic and social development for our country.