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ITL holds bank-enterprise linkage conference

(chinadaily.com.cn)

Updated: 2018-07-19

A bank-enterprise linkage conference was held at the Xi'an International Trade and Logistics (ITL) Park in the China (Shaanxi) Pilot Free Trade Zone on July 13, attracting representatives from industries such as e-commerce, logistics and foreign trade.

ITL holds bank-enterprise linkage conference

The bank-enterprise linkage conference at Xi'an ITL Park. [Photo/itl.gov.cn]

Representatives introduced their enterprises, their financing needs and suggestions for further development.

Relevant leaders of the Xi'an sub-branch of the People's Bank of China introduced the refinancing and rediscount policies in support of small and medium-sized enterprises which encourage financial institutions to provide tailored financing tools for the development of said enterprises.

Minsheng Bank and Qinnong Bank proposed bill pledges, technology financial loans and other financial products according to the demands of the enterprises at the conference.

The two financial institutions will further develop financial products in accordance with the characteristics of the enterprises in ITL Park, guided by the People's Bank of China.

In the future, the park's financial bureau will further reduce operating costs for enterprises, help enterprises solve capital demands, and promote more effective financial services in order to ensure the balanced development of the park.

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