National Development and Reform Commission: Establishing National Entrepreneurship Investment Guidance Fund to Expand Financing Channels and Provide Support for Technology oriented Private Enterprises

On April 25th, the Party Group of the National Development and Reform Commission issued a document stating that efforts will continue to be made to implement various relief policies. Deepen regular communication and exchange with private enterprises, make good use of the comprehensive service platform for the development of the private economy, play the role of the inter ministerial joint conference system to promote the growth and development of the private economy, improve the closed-loop mechanism of problem collection, handling, feedback, tracking and follow-up, strengthen overall coordination, gather work force, and help private enterprises solve more difficult problems from point to surface. Deepen the work of “Credit Easy Loan”, improve the national integrated financing credit service platform network, promote credit information sharing, and improve the quality and efficiency of credit enhancement. Give full play to the role of supporting the financing coordination mechanism for small and micro enterprises, and increase the financing support for small and micro private enterprises. Establish national entrepreneurship investment guidance funds to broaden financing channels and provide support for technology-based private enterprises.

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