In 2011, due to an active policy to create new employment opportunities, China's labor market maintains a stable situation throughout the year. For the first three quarters, a total of 9.94 million urban jobs were created, which already accomplished 110% annual target set at the beginning of the year. The urban registered unemployment rate still remains at historic low level since 2004. During the post-financial crisis period, international economic situation is experiencing a fundamental change. For China, the top priority is to accelerate the transformation of the mode of economic development and promote the upgrading of the industrial structure. In the first half of 2011, small and medium-sized enterprises encountered tremendous difficulties in their daily business operation. On the one hand, the amount of money supply decreased significantly; on the other hand, small businesses are suffering from soaring borrowing cost associated with bank loans. All these factors, in turn, have tremendous impact on economic development and job creation. Therefore, we should promote micro collateral loans to support small and medium-sized enterprises, which often have significant effect on facilitating job creation, boosting local economic development, and improving personal income. <<