Jiangsu offers more financing support for small, micro firms
2018-02-23 16:18:00

Jiangsu has rolled out an act to assist financing for small and micro companies as the province aims to establish a service system for enterprises at all development stages.

In the next three years, the province plans to provide financial training and financing assistance to 100,000 small and micro companies.

The move will promote financial knowledge among small and micro firms, implement policies to help them solve financing difficulties, enhance the percentage of direct financing, create more financing options, lower the cost of fundraising and optimize the fundraising environment.

The province will improve financing guarantees and insurance for small and micro businesses, develop government-backed guarantee organizations, explore new operations for development funds and guide financial institutes to give more support to the real economy.

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Source:jschina.com.cn Editor:Amanda