Total amount hit 25.075billion yuan

It was reported that the financing butt joint conference for the small and medium-sized enterprises was held in Chenzhou city on July 1, 2015. 309 projects covered with 25.075billion yuan were signed on the conference. Qu Hai- Deputy Secretary of Chenzhou Municipal Party Committee and Mayor of Chenzhou City required that deepening cooperation among government, bank and enterprise should be further enhanced to intensify financial support on small and medium-sized enterprises and promote the sustainable and healthy development of small and medium-sized enterprises.

In recent years, along with the increase of economic aggregate, optimization of economic structure and upgrading of economic quality, the financial industry was being improved rapidly in Chenzhou city. Till the end of this May, the loan balance of the banking financial institutions of Chenzhou city was 87.067billion yuan with an increase of 21.26%, and the loan-to-deposit ratio was 49.81% which was 3.37% higher than the beginning of 2015. New loans were amounted to 9.031billion yuan which was 4.876billion yuan more than the same term of 2014, and the loan-to-deposit ratio for the new part was 133.18%, ranking first place of Hunan province and achieving a highest record.

Qu Hai stated that it is an inevitable course to promote the overall development of local economy and financial industry by enhancing the cooperation among government, bank and enterprise. All financial institutions, enterprises and departments of government should work together to reach further progress with the principals of “complementing advantages, reaching win-win cooperation, improving together”. The financial institutions should further innovate the operation and expand cooperation field; should firmly establish the ideas of “based on Chenzhou, serve for Chenzhou” and well seize the great chances of the State’s implementation of “One Belt, One Road” and improvement of Yangtze River Economic Zone to obtain larger credit amount; should study the details of credit policies and figure out more financial products based on the practical condition of the small and medium-sized enterprises; and should innovate the service such as simplifying procedures, deducting approval processes, and providing the best capital support for the enterprises.

All enterprises should enhance the awareness of credit and handle the best utilization of credit capitals; should cooperate with the bank to handle the credit investigation and assessment and upgrade their credit level; and should enhance the adjustment of products’ structure to development more competitive products on the consideration of long-term development.

All departments should transform government functions and optimize the service platform. All the projects signed on the conference should be well followed up to ensure all projects to be implemented well. All counties (cities and districts) should well handle the butt joint work between bank and enterprise and keep enhancing the establishment of financial safe area. All relative departments should enhance the credit supervision on enterprises, and accelerate the construction of credit guarantee system for the small and medium-sized enterprises to provide better credit service for them.

Some municipal leaders of Chenzhou city attended relative activities.