Page 524 - 2021 White Paper
P. 524
1 White Paper on the Business Environment in China
Fig 7 Guangdong is one of the top destinations for FDI
Note: As of 2019 equipment production transportation and sales,
Source: Wind etc.), secure necessary operation (water, electricity,
oil and gas, communication, public transportation,
Technology of Guangdong Province, People's environmental protection, municipal sanitation,
Bank of China Guangzhou Branch, Banking and etc.), life necessities (supermarket stores, food
Insurance Regulatory Bureau of Guangdong production, logistics and other industries) and
Province and Securities Regulatory Bureau of related enterprises, especially small and medium-
Guangdong Province jointly issued the "Opinions sized enterprises.
on Strengthening Financial Services for Small and
Medium-sized Enterprises, Supporting Epidemic (ii) C o n t i n u e t o h e l p s m a l l a n d m e d i u m -
Prevention and Control and Promoting Stable sized enterprises and other groups affected
Economic Development” with the approval of the by the epidemic. Solve financial difficulties for
Provincial People's Government. The Opinions will small and medium-sized enterprises that are
further strengthen financial support and guarantee heavily affected by the epidemic (wholesale and
service quality, integrate with COVID-19 prevention retail, accommodation and catering, logistics
and control, and promote steady economic growth and transportation, cultural tourism and other
in Guangdong. The Opinions propose the following industries), small and medium-sized enterprises
suggestions on strengthening financial services for where resumption of work is heavily affected, and
small and medium-sized enterprises: individual businesses affected by the epidemic.
I. Accurately grasp the key targets of financial II. Actively perform the service functions
services for epidemic prevention and control and social responsibilities of local financial
enterprises
(i) Accelerate support for enterprises involved
in epidemic prevention and control. Strengthen (i) Reduce the interest rates of small loans
financial support and service quality guarantees and small re-loans. Support companies like Yueke
for epidemic prevention and control (medical
equipment, medicine, necessary protective
524
Fig 7 Guangdong is one of the top destinations for FDI
Note: As of 2019 equipment production transportation and sales,
Source: Wind etc.), secure necessary operation (water, electricity,
oil and gas, communication, public transportation,
Technology of Guangdong Province, People's environmental protection, municipal sanitation,
Bank of China Guangzhou Branch, Banking and etc.), life necessities (supermarket stores, food
Insurance Regulatory Bureau of Guangdong production, logistics and other industries) and
Province and Securities Regulatory Bureau of related enterprises, especially small and medium-
Guangdong Province jointly issued the "Opinions sized enterprises.
on Strengthening Financial Services for Small and
Medium-sized Enterprises, Supporting Epidemic (ii) C o n t i n u e t o h e l p s m a l l a n d m e d i u m -
Prevention and Control and Promoting Stable sized enterprises and other groups affected
Economic Development” with the approval of the by the epidemic. Solve financial difficulties for
Provincial People's Government. The Opinions will small and medium-sized enterprises that are
further strengthen financial support and guarantee heavily affected by the epidemic (wholesale and
service quality, integrate with COVID-19 prevention retail, accommodation and catering, logistics
and control, and promote steady economic growth and transportation, cultural tourism and other
in Guangdong. The Opinions propose the following industries), small and medium-sized enterprises
suggestions on strengthening financial services for where resumption of work is heavily affected, and
small and medium-sized enterprises: individual businesses affected by the epidemic.
I. Accurately grasp the key targets of financial II. Actively perform the service functions
services for epidemic prevention and control and social responsibilities of local financial
enterprises
(i) Accelerate support for enterprises involved
in epidemic prevention and control. Strengthen (i) Reduce the interest rates of small loans
financial support and service quality guarantees and small re-loans. Support companies like Yueke
for epidemic prevention and control (medical
equipment, medicine, necessary protective
524
