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Liaoning integrates government guarantee resources to help small and micro enterprises and "three rural" entities finance

2020-12-13 15:57 Source: Xinhua News Agency
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Xinhua News Agency, Shenyang, December 13 (Reporter Wang Wei, Bai Yongquan) The General Office of the Liaoning Provincial People's Government recently issued the Implementation Opinions of the General Office of the Liaoning Provincial People's Government on Giving Full Play to the Role of Government Financing Guarantee to Support the Development of Small and Micro Enterprises and the "Three Rural" Subjects, proposing to coordinate the provincial government financing guarantee resources to support small and micro enterprises and "Three Rural" subjects And the development of strategic emerging industries.

It is reported that government financing guarantee institutions should adhere to the quasi public orientation, make up for market deficiencies, focus on supporting small and agricultural businesses, and give priority to providing guarantee and credit enhancement for financing of small and micro enterprises and "agriculture, rural areas and farmers" entities with insufficient effective collateral (pledge) but with market, promising projects and competitive technology.

The opinion is clear that government financing guarantee institutions should, on the premise of sustainable operation, appropriately reduce the guarantee rate and gradually reduce the average guarantee rate to less than 1%. In principle, the guarantee rate charged to small and micro enterprises and "agriculture, rural areas and farmers" entities with a single guarantee amount of 5 million yuan or less should not exceed 1%, and the guarantee rate charged to small and micro enterprises and "agriculture, rural areas and farmers" entities with a single guarantee amount of more than 5 million yuan should not exceed 1% In principle, the guarantee rate charged by the entity shall not exceed 1.5%.

Liaoning Province proposes to promote the integration of government financing guarantee institutions and realize the goal of becoming bigger and stronger by taking the city level as the focus. It requires the municipal governments to study and propose the integration plan of government financing guarantee institutions by the end of 2020, and integrate the existing government financing guarantee resources through new establishment, capital increase, merger, reorganization and other ways.

[I want to correct mistakes] Editor in charge: Song Yan
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