State Administration for Market Regulation: Promote the use of quality and reputation as the basis for financing enterprises

On October 14th, Luo Wen, director of the State Administration for Market Regulation, said at a press conference of the State Council Information Office on the 14th that quality and reputation should be promoted as the basis for financing of enterprises. Efforts should be made to promote the Financial Institution Group to incorporate the quality and reputation elements of enterprises such as quality capabilities, quality management, and quality brands into the credit approval and risk management model of enterprises. In particular, financial products and services should be tailored for small and medium-sized enterprises. Differential arrangements should be implemented in terms of credit lines, interest rates, financing periods, and repayment methods to improve the availability and convenience of financing for enterprises. < b > At the same time, we will promote the combination of equity, funds, bonds and other financing tools, and achieve a credit limit of 300 billion yuan for quality financing every year, which will fully benefit all kinds of enterprises.