Tianjin issues 13 financial measures to support the development of high-quality manufacturing

Original title: Tianjin issued 13 financial measures to support the development of high-quality manufacturing

Summary

[Tianjin emite 13 medidas financieras para respaldar el desarrollo de fabricación de alta calidad]Recently, the Tianjin Branch of the People’s Bank of China, together with the Tianjin Banking and Insurance Regulatory Office and the Tianjin Securities Regulatory Office, issued the “Guiding Opinions on Tianjin Financial Support for the Development of the Tianjin Industry Manufacturing “to increase credit support Thirteen measures have been introduced in five aspects, including vigorously, making good use of monetary policy tools, innovating products and services, improving pricing mechanisms and expanding financing channels, to promote Tianjin financial institutions to further improve the financial services system that meets the characteristics of the manufacturing industry, reduce corporate capital costs and increase The level of financial diversification will accelerate the realization of high-quality and high-quality development efficiency of the manufacturing industry. (Xinhua Finance)

Recently peopleBankThe Tianjin Branch, together with the Tianjin Banking and Insurance Regulatory Office and the Tianjin Securities Regulatory Office, issued themanufacturingDevelopment orientationopinion“, from CanadaCreditSupport and usecoinPolicy tools, innovationproductService,PerfectPricesmechanism, Expansion of financing channels and other five aspects to introduce 13 measures to promote Tianjin financial institutions to further improve the financial services system that meets the characteristics of the manufacturing industry and reducecompanymoneycost, Improve the level of diversification of financing and accelerate the realization of high-quality and high-quality development of the manufacturing industry.

inCreditIn terms of support, Tianjin will increase manufacturing enterprises.Credit fundsInvestment scale, increase in the proportion of long-term loans in the manufacturing industry and increase in the manufacturing industryCorporate creditThe ratio of loans, first loan and renewal without repayment, implements the differentiationCREDIT Policy。

In terms of monetary policy, Tianjin will make full use of theBankRefinancerediscountAnd other monetary policy tools, increase credit funds for manufacturing companies and focus on increasingBig financesSupport for; RRR’s haircut policy frees up funds to bias towards manufacturing and states that RRR’s haircut funds to issue loansadministrationThe ledger will prioritize funds released by the RRR cut policy to support private small and micro manufacturing enterprises, and increase credit financing support for advanced manufacturing and high-tech manufacturing.

At the same time, Tianjin will develop vigorouslyindustryLink financial products and services, promote innovation in loan and investment linkage financial services models, reduce comprehensive financing costs for manufacturing companies, and support the issuance of manufacturing companiesLinkFinancing, asset securitization support in the manufacturing sector, etc. promote the high-quality development of the industry.

In recent years, with the joint efforts of government, banking and business, Tianjin’s manufacturing industry has continued to grow and develop.As of the end of October 2020, the credit capital of Tianjin manufacturing enterprisesforeign currencyThe balance was 256.47 billion yuan, an increase of 16.14 billion yuan from the beginning of the year.I andAn increase of 43.09 billion yuan; the medium and long-term loan balance for the manufacturing industry was 95.92 billion yuan, a year-on-year increase of 11.3%, 4.3 percentage points higher than the city’s average loan growth rate, and a increase of 14.58 billion yuan since the beginning of the year, an increase of 8.10 billion yuan year on year.

(Source: Xinhua Finance)

(Responsible editor: DF527)