SHANGHAI, Aug 1 (SMM) -
On August 1, the All-China Federation of Industry and Commerce and the China Banking Association issued a proposal for the 2023 Programs to Help Small And Micro Businesses on July 31, proposing to jointly promote the economic operation continues to improve and help small and micro enterprises to accelerate their recovery. The proposal referred that we should continuously expand service coverage, increase credit support for small and micro enterprises as well as individual industrial and commercial households, and proving more financing access for private enterprises, central and western regions’ applicants, third- and fourth-tier cities’ applicants, long-tail customers, and new citizens. Besides, we should strengthen supply chain financial services, focus on key supply chain ecological scenarios, and promote the integrated development of upstream and downstream, production, supply, and marketing as well as the large- and medium-sized enterprises. We also need to promote the ease loan service model which guides financial institutions to provide credit-worthy small and micro enterprises credit support.

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