The Jiangxi Provincial Government has recently issued implementation opinions supporting the development of small and micro enterprises. It has put forward 21 policy measures in terms of strengthening financial credit support, broadening corporate financing channels, and increasing fiscal and taxation support. According to comments, all banking financial institutions in the province must ensure that the total amount of loans for newly-added small and micro enterprises in the province is not less than one-third of the total new loans, and the growth rate of small- and micro-enterprise loans is not lower than the average growth rate of all loans. Higher than the same period last year. Supporting small micro-enterprises in the province to directly finance corporate bonds, short-term financing bills, and collective bills. The opinion also proposed that the scale of special funds for development of SMEs at all levels should be gradually increased, the scale of policy-based SME credit guarantee institutions should be gradually expanded, and additional funds for small-scale micro-enterprise entrepreneurship support should be added.
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