Liaoning Launches the RMB100b Financing Plan for Medium and Small-Sized Enterprises

[2010-05-26 09:19:12]


On May 20, representatives from five large commercial banks of industry, agriculture, people's bank of China, construction and communications and the Medium-and Small-sized Enterprises Department of Liaoning Province signed the MOUs on Financial Service for Medium and Small-sized Enterprises respectively in Shenyang, marking that the "RMB100b Financing Plan for Medium and Small-sized Enterprises of Liaoning Province" officially kicks off.

The "RMB100b Financing Plan for Medium and Small-sized Enterprises of Liaoning Province" was jointly negotiated and implemented by the Medium and Small-sized Enterprises Department of Liaoning Province, the People's Bank of China Shenyang Branch, the Liaoning Banking Regulatory Bureau and the Dalian Municipal Banking Regulatory Bureau, aiming to: target growing medium and small-sized enterprises of Liaoning, focus on science and technology innovation, resource-saving, associated and labor-intensive enterprises and "new, distinctive, specialized and sophisticated" technical products and organize banking financial agencies and various institutions of guarantee, investment and lease to provide target-oriented financial services.

Source: Xinhua