The most popular policies will soon be implemented

2022-07-24
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A number of policies will be implemented immediately to help the financing of small, medium-sized and micro enterprises.

a number of policies will be implemented immediately to help the financing of small, medium-sized and micro enterprises.

China Construction Machinery Information

the financing of small, medium-sized and micro enterprises will receive greater policy support. Recently, the central bank, the China Banking and Insurance Regulatory Commission and other regulatory authorities have made intensive efforts to increase financial support for small, medium and micro enterprises, and a number of policy measures are being prepared for implementation. The economic information daily learned that in the next step, relevant departments will issue policy documents to improve the financial service capacity of small, medium and micro enterprises of banks, formulate implementation opinions to promote the high-quality development of Inclusive Finance, and continue to support the incremental expansion and structural optimization of loans to small and micro enterprises. At the same time, the scope of application of the policy of extending the repayment of principal and interest of inclusive small and micro enterprise loans will be expanded, and self-employed operators such as shopkeepers will be included in the coverage

for some time, the research focus of this project of University College London of finance has been the continuous reinforcement of thermoplastic polyurethane (TPU) policy to help the industry enterprises affected by the epidemic to recover their development vitality. According to the latest data from the central bank, the loan balance of various market entities including enterprises, individual industrial and commercial households and small and micro business owners was 118.4 trillion yuan at the end of April, an increase of 13.6% year-on-year; By the end of April, the balance of inclusive small and micro loans was 16.8 trillion yuan, a year-on-year increase of 32.5%, supporting 36.27 million small and micro business entities, a year-on-year increase of 28.9%; From 2020 to the end of April 2021, China's banking financial institutions have extended the loan principal and interest of RMB 10.2 trillion

however, industry insiders pointed out that from the feelings of market players such as small, medium-sized and micro enterprises and individual industrial and commercial households, financing difficulties, especially credit loans and initial loans, still exist. The recent rise in raw material prices has gradually spread to the middle and lower reaches, bringing cost pressure to some small, medium and micro enterprises, which also needs attention

it was learned that the financial policies that will help the development of small, medium and micro enterprises in the next step will be increased, and a number of policies and measures are being formulated. On June 1, maohongjun, a first-class inspector of the Inclusive Finance Department of the China Banking and Insurance Regulatory Commission, said at the press conference that recently, the China Banking and Insurance Regulatory Commission is working with relevant departments to formulate implementation opinions to promote the high-quality development of Inclusive Finance, and continue to support the incremental expansion and structural optimization of loans to small and micro enterprises during the "fourteenth five year plan"

zhuzhaowen, deputy director of the financial market department of the people's Bank of China, said that in the next step, we will do a good job in small and micro financial services by combining the long and short term and addressing both the symptoms and the root causes. In the short term, we will maintain the financial support for small and micro enterprises, further increase the support for individual industrial and commercial households, take the lead in issuing policies and measures to carry out the project of improving the financial service capacity of small, medium and micro enterprises of commercial banks, and urge financial institutions to optimize and improve long-term and systematic policy mechanisms and implement them

it is worth noting that individual industrial and commercial households and industrial enterprises affected by the epidemic will receive accurate support. Liangtao, vice chairman of the "China Banking and Insurance Regulatory Commission" heguoliang presentation, said that in the next step, the policy of extending the principal and interest repayment of Pratt Whitney small and micro enterprise loans will be continued, and the scope of application of the policy will be expanded to include truck drivers, taxi drivers, shopkeepers and other self-employed people. Banks are encouraged to continue to support the extended loans through the normal renewal process to ensure a smooth transition of the policy. At the same time, focusing on the goal of "two increases" of inclusive small and micro enterprise loans, we continued to increase the loan to individual industrial and commercial households, increase credit loan support, and continuously expand loan coverage

Liang Tao said that by the end of April this year, the loan balance of individual industrial and commercial households had reached 5.4 trillion yuan, a year-on-year increase of 27.8%, 15.8 percentage points higher than the growth rate of various loans. In the first four months of this year, the average interest rate of newly issued inclusive individual industrial and commercial households' loans can meet the corresponding requirements by about 6.2% using digital display models, which is more than 0.3 percentage points lower than the average level of last year. Since the beginning of 2020, the cumulative decline has exceeded 1.3 percentage points, and the financing burden of individual industrial and commercial households is continuously decreasing

in terms of industries, foreign trade, cultural tourism, offline sales, accommodation and catering, transportation, etc. have become the focus of financial policy support. Gechunyao, general manager of Inclusive Finance Division of Bank of China, said that since the outbreak of the epidemic, transportation, cultural tourism, catering, hotel, wholesale and retail industries, as well as import and export-related enterprises have been greatly affected by the epidemic, and the impact is still continuing. On the one hand, due to the needs of epidemic prevention and control, the business status of these industries has not recovered to the level before the epidemic. Due to the impact of overseas epidemic, some import and export enterprises have reduced their import and export orders, and their business income has been affected; On the other hand, since the beginning of this year, enterprises have been facing the pressure of rising comprehensive costs of manpower and raw materials, increasing expenditure and repayment pressure, and the demand for new funds is not strong

according to zhuzhaowen, since the beginning of this year, the people's Bank of China has paid more attention to strengthening accurate support for enterprises in key industries continuously affected by the epidemic. At the end of April, the year-on-year growth rate of loans for the sports and entertainment industry, transportation, warehousing and postal services was more than 10%. Loans for other industries greatly affected by the epidemic were also growing steadily, showing a good trend

"In terms of financial services for enterprises affected by the epidemic, in addition to implementing the relevant policies of the two monetary policy tools directly reaching the real economy, we have also adopted measures to reduce the financing costs of enterprises, carry out product innovation, provide medium and long-term credit capital support, and increase the basic functions of online loans and credit Universal Experimental machines. Most of the basic functions refer to the creation, delivery and addition of various basic functional features of instruments and equipment and some of their utilization features Strengthen supply chain financing services and other measures to help enterprises tide over difficulties and help enterprises continue to operate. " Said litaishun, general manager of Inclusive Financial Management Department of Industrial Bank

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