China’s Ministry of Industry: Efforts to Increase the Guarantee Fund for SMEs by RMB 1.5 Trillion This Year

by time news

The Ministry of Industry and Informatization / IIP / on Wednesday published the “Program of Measures for Servicing Medium and Small Enterprises”, in which it calls on assistance to credit guarantee structures in expanding services to small and small enterprises, to make efforts to increase the volume of the guarantee fund by 1.5 trillion yuan / US $ 1 – 6.3 yuan / and create 250 thousand new companies to serve medium and small enterprises.

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