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上海帮助小企业渡过难关 - 2020年03月31日

Aid for smaller companies in virus fight

Shanghai has geared up to support smaller businesses during the fight against the COVID-19 outbreak.
Up to March 29, 17 local corporate banks had granted 2.22 billion yuan (US$310 million) in small and micro enterprise loans as well as loans related to agriculture at preferential interest rates, Sun Hui, deputy director of the Shanghai office of the People's Bank of China, said during a press conference on Monday.
Together with the central bank, the city’s Banking and Insurance Regulatory Bureau and the Securities Regulatory Bureau have been working to support the prevention and control of the pandemic as well as bolstering the recovery of social and economic development.

 

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