PBOC Shanghai Head Office issues supportive measures for private businesses

Source: Xinhua| 2018-11-23 16:07:40|Editor: mmm
Video PlayerClose

SHANGHAI, Nov. 23 (Xinhua) -- The People's Bank of China (PBOC) Shanghai Head Office has issued 20 measures to further improve financial services for Shanghai's private and technologically innovative businesses.

To facilitate the healthy development of Shanghai's private economy, the Shanghai Head Office of the country's central bank, will make efforts to boost the morale of the city's private businesses, alleviate financing difficulties and create a fairer and more convenient financing environment.

Specifically, the PBOC Shanghai Head Office will provide refinancing limits of no less than 10 billion yuan (1.45 billion U.S. dollars) for Shanghai's private and small businesses in technological innovation and high-end manufacturing, and handle rediscounts of no more than 15 billion yuan for such businesses.

The new measures will waive the guarantee of start-up business loans below 500,000 yuan. The bank will expand borrowers' maximum loan amount from 1 million yuan to 2 million yuan.

The new policy also strengthens the incentive mechanism on credit assessment and cuts down commercial lenders' average interest rates for small and micro businesses by 1 percentage point from the level recorded in the first quarter, the bank said.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001376267641
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
婷婷综合缴情亚洲狠狠无遮挡 | 亚洲欧洲日本无在线码 | 亚洲中文字幕免费 | 伊人久久大线蕉香港三级 | 亚洲区日韩精品中文字幕 | 亚洲一区在线尤物 |