At end November 2005, the system contained information of 4.52 million enterprises with RMB loan outstanding of 17.36 trillion yuan, accounting for 90 percent of the total loan with financial institutions in the country.
In this context, they have to adopt European legislation, to implement EU environmental standards etcetera. When they subsequently prepare for joining monetary union, the accession countries will have to continue the adjustment process in order to successfully converge towards the standards of the euro area. This could take several years after EU entry.