The Beijing Municipal Bureau of Economy and Information Technology prepared “Certain Measures in Beijing to Promote the High-Quality Development of Specialized, Special and New Enterprises” to solicit comments from the public. The draft for solicitation of comments mentions optimizing loan renewal policies to meet the liquidity needs of eligible specialized and new enterprises. Promote banking financial institutions to continue to develop “Specialized Special New Loan” specialty products for specialized and new enterprises, increase investment in credit loans, intellectual property pledge loans, and medium- to long-term loans, and strengthen supply chain financial services. Strengthen the interface with the “CCIC Accounts Receivable Financing Service Platform” to guide financial institutions to provide richer “government procurement and loan” financial products with lower interest rates for specialized and new enterprises. Specialized, special and new enterprises that meet the conditions and have obtained intellectual property pledge financing in Beijing are provided with financial subsidies for loan interest and comprehensive costs; banks, guarantees, evaluations, insurance, and intellectual property professional institutions, etc. provide intellectual property pledge financing services to enterprises and risk compensation for poor loans. Guide government financing guarantee agencies and banking financial institutions to actively and steadily promote the “total to total” business model, and serve specialized new enterprises in batches and efficiently. Continue to build the “100 billion free finance” corporate financing service brand. Encourage districts that are in a position to do so to study and set up emergency loan transfer funds for specialized, special and new enterprises.

The Beijing Municipal Bureau of Economy and Information Technology prepared “Certain Measures in Beijing to Promote the High-Quality Development of Specialized, Special and New Enterprises” to solicit comments from the public. The draft for solicitation of comments mentions optimizing loan renewal policies to meet the liquidity needs of eligible specialized and new enterprises. Promote banking financial institutions to continue to develop “Specialized Special New Loan” specialty products for specialized and new enterprises, increase investment in credit loans, intellectual property pledge loans, and medium- to long-term loans, and strengthen supply chain financial services. Strengthen the interface with the “CCIC Accounts Receivable Financing Service Platform” to guide financial institutions to provide richer “government procurement and loan” financial products with lower interest rates for specialized and new enterprises. Specialized, special and new enterprises that meet the conditions and have obtained intellectual property pledge financing in Beijing are provided with financial subsidies for loan interest and comprehensive costs; banks, guarantees, evaluations, insurance, and intellectual property professional institutions, etc. provide intellectual property pledge financing services to enterprises and risk compensation for poor loans. Guide government financing guarantee agencies and banking financial institutions to actively and steadily promote the “total to total” business model, and serve specialized new enterprises in batches and efficiently. Continue to build the “100 billion free finance” corporate financing service brand. Encourage districts that are in a position to do so to study and set up emergency loan transfer funds for specialized, special and new enterprises.