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Michal Skocil, CEO of Home Credit China |
"For 2014, we want to double or more than double the targets," Michal Skocil, chief executive officer of Home Credit China, told China Daily.
"What's most important to me is to keep developing the company and the industry in a stable and transparent way. The targets are a message to demonstrate how attractive the service is. There is very strong demand and it is a very well-developing industry," Skocil said.
Consumer finance generally refers to short-term loans for personal purchases of durable goods or services such as home decoration, health services and education.
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"In general, when I look at China's new development strategy, obviously there is a strong focus on growing domestic consumption. This is exactly where consumer finance can be very effective," Skocil said.
China's central government rolled out a comprehensive reform plan late last year to deepen reform and promote further opening-up of the world's second-largest economy. Part of the plan involves providing financing to more micro-sized enterprises and low-income people.