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With the implementation of several industrial stimulus plans, a new wave of acquisitions have emerged among Chinese industries. That's mainly thanks to merger and acquisition loans, which have provided strong financial support for companies looking to expand.

Withtheimplementationofseveralindustrialstimulusplans,
anewwaveofacquisitionshaveemergedamongChineseindustries.

Shanghai-based Bailian Group is China's largest retailer by volume. Amid the global economic downturn, the state-owned firm has begun to focus on low-cost expansion.

It decided to speed up acquisition of high quality assets by purchasing Lianhua Supermarket Holdings -- one of the largest supermarkets in China. Thanks to acquisition loans, Bailian has become Lianhua's biggest shareholder.

Ma Xinsheng, Board Chairman of Bailian Group said "Business opportunities are transient. If it weren't for the M&A loans, companies would have encountered strong resistance to expansion and development."