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Shantou is Successfully Approved as A Demonstration Zone for Inclusive Finance Development
Date: 2022-06-16      Source: Shantou Daily

Recently, the Ministry of Finance of the People's Republic of China announced the list of demonstration zones for inclusive finance development supported by the central government in 2022. Shantou was one of the two cities in Guangdong Province which were included in the list, and won the central government awards and subsidies of RMB 22.5 million under budget.

Since the beginning of the stage, Shantou has been upholding market-based practices under the guidance of the government, and adhering to the two-step approach of innovative development and risk prevention, which has enhanced the market players satisfaction and sense of fulfillment of market players (especially small and micro enterprises and rural residents) in terms of financial services, forming the "Shantou experience" of inclusive finance development. In 2021, the increase of all loans in Shantou, including the increase of inclusive loans, ranked first in eastern, western and northern Guangdong. Next, Shantou will use the rewards and subsidies to increase the subsidies for interest on the loans for agricultural and small enterprises and risk compensation for the loans for agricultural and small enterprises, for the purpose of further reducing the financing costs of small and micro enterprises and farmers, and promoting the high-quality development of inclusive finance.

Source:Shantou Daily, June 16, 2022




来源:汕头日报 2022-6-16

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