According to the latest statistics released by the Ministry of Commerce, by the end of 2017, there were over 8,465 pawn enterprises in China with a pawn amount of 317.6 billion yuan, providing a useful supplement to the liquidity of SMEs.

The earliest pawn from the Han Dynasty. After the reform and opening up policy, the government decided to resume this industry. In December 1987, the first pawn service firm was first established in Chengdu and has been in development for 30 years. Pawn financing for small businesses is particularly convenient, when there is a need for funds, they can come to pawnshops, when they have money they can back to redeem, reducing the pressure on liquidity.

In addition to the traditional pawn, all over the country there are also innovative new paths: Wine enterprises use wine as pawn; tea enterprises use tea as pawn. Pawn shops closely serve the industrial chain, providing financing, warehousing, distribution and other services.

Pawn industry is old and young. Its progress is accompanied by the progress of the circulation industry and the financial industry, and this is where its charm lies!