Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Local

E China Jiangxi rolls out cultural enterprise loans to boost high-quality dev. of cultural industry

May 13, 2020


Abstract : Jiangxi Province in East China has rolled out cultural enterprise loans to help small- and medium-sized cultural firms solve financing problems and boost the high-quality development of its cultural industry, reported Jiangxi Daily Wednesday quoting the province's publicity department.

BEIJING, May 13 (Xinhua) -- Jiangxi Province in East China has rolled out cultural enterprise loans to help small- and medium-sized cultural firms solve financing problems and boost the high-quality development of its cultural industry, reported Jiangxi Daily Wednesday quoting the province's publicity department.

Cultural enterprise loan is a kind of preferential loans issued by cooperative banks targeting small- and medium-sized cultural firms meeting certain conditions.

The term of cultural enterprise loans shall be no longer than three years, while the amount shall not exceed five million yuan in principle. The loan amount for enterprises of superior quality shall not exceed 10 million yuan.

The province also set up risk compensation for cultural enterprise loans to mobilize the initiative of financial institutions by providing certain compensation to them for losses arising from granting loans to small and medium-sized cultural enterprises.

It's learned that Jiangxi will also make efforts to integrate regional characteristic cultural and financial resources, deepen financial supply-side structural reform, and promote innovation in cultural and financial policies, in a bid to push forward high-quality development of its cultural industry. (Edited by Gu Shanshan with Xinhua Silk Road, gushanshan.1987@163.com)

Scan the QR code and push it to your mobile phone

Keyword: loans Jiangxi cultural industry

Reading:

Chinese policy bank to lend over 64 bln yuan for virus-hit Hubei

China's macro leverage ratio increases in Q1

First bank unveiled in Hebei FTZ Daxing Airport Area

China launches two satellites for IoT project

Neusoft inks strategic cooperation agreement with Guangxi

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial