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Dongcheng Science Park Administrative Committee Makes Great Efforts to Facilitate Corporate Financing

 

During the epidemic control, enterprises are generally confronted with difficult circulation of funds and higher financing costs. Therefore, Dongcheng Science Park makes great efforts to facilitate corporate financing. As of July 6, 15 enterprises inside the Park have obtained bank loans amounting to CNY 620 million. 

In order to solve the corporate financing problem and support the stable development of cultural and technological enterprises inside the Park, Dongcheng Science Park Administrative Committee actively implements beneficial policies such as “anti-epidemic loans”, Comprehensive Security Scheme for Work and Production Resumption of Zhongguancun Enterprises and Epidemic Prevention, Management Measures for Special Funds as Risk Compensation of Micro, Small and Medium-sized Enterprises in Dongcheng District, etc. Meanwhile, Dongcheng Science Park manages “two libraries” on a flexible basis and by abiding by the Rules on Coordination Among Government Authorities, Financial Institutions and Enterprises from Zhongguancun Dongcheng Science Park. An information library has been established by coordinating multiple financial institutions in Dongcheng Science Park, including Beijing Zhongguancun Sci-tech Financing Guaranty Co., Ltd., Beijing Rural Commercial Bank, Pudong Development Bank, Bank of Hangzhou, Postal Savings Bank of China, Bank of China, China Merchants Bank, etc.; the role of Dongcheng Science Park as a considerate enterprise server should be given full play to. After surveying 289 high-tech enterprises, 55 enterprises with a financing demand of CNY 1.32 billion have been found. Thus, a project library for financing demands of the enterprises inside the Park has been built. A one-to-one service is adopted to trace the cooperation between banks and enterprises and corporate financing progress.