![](https://www.hzyyingyu.com/wp-content/uploads/2023/05/test-342-1024x678.png)
![](https://www.hzyyingyu.com/wp-content/uploads/2023/05/test-1412-1024x572.jpg)
On January 13th, Pan Guangen, Deputy Director of the Provincial Local Financial Supervision Bureau, attended the media briefing on the “Action Plan for Optimizing and Improving the Business Environment in Zhejiang Province” held in Hangzhou and answered questions from reporters.
Reporter’s question: The financing environment is an important aspect of the business environment. As we all know, in recent years, Zhejiang Province has deeply implemented the smooth financing project and achieved very good results. May I ask Deputy Director Pan, what are the plans of Zhejiang Province to optimize financial services and better stimulate the vitality of market entities this year?
Deputy Director Pan’s answer: Optimizing the financing environment has always been a key focus of Zhejiang’s financial system. Since 2019, Zhejiang has taken the lead in implementing the smooth financing project nationwide, targeting financing difficulties, blockages, and pain points. With reform ideas, innovative methods, and precise services, it has effectively cracked the financing difficulties of private enterprises, especially small and micro market entities, and achieved significant results. Zhejiang Province has received multiple inspections and incentives from the State Council for its practical financial work.
This year, we will make appropriate efforts to advance through financial policies, promote the deepening and implementation of the upgraded version of the financing smooth project, take practical and effective measures, ensure effective matching and reasonable abundance of financial supply, better support and stimulate the vitality of market entities, and provide strong support for stable and quality improvement, risk elimination and security, and shaping change in our province. There are four main aspects:
One is to ensure stable growth in total financing. To strive for the special policy of the national financial management department to support the high-quality development and construction of common prosperity demonstration zone in Zhejiang to be introduced and implemented as soon as possible, to cooperate with relevant financial institutions to implement the financial special measures to support the common prosperity demonstration zone in detail, to guide legal person financial institutions to make full use of the central bank’s reserve requirement reduction funds, to ensure that this year’s credit increment in Zhejiang ranks first in all provinces in the country, and to thoroughly implement the upgraded version of the “Phoenix Action” plan, Strive to add 70 new listed companies, actively expand direct financing channels such as equity, bonds and insurance funds, and promote more financial flows to market players.
The second is to ensure a reasonable and sufficient supply of funds in key areas. Focusing on expanding effective investment, technological innovation, green and low-carbon, advanced manufacturing and other key areas, we will give preferential treatment in financial policies, scale, and interest rate incentives, innovate financial products and service models, and strive to increase medium and long-term loans in the technology service industry and manufacturing industry by about 200 billion yuan each. The growth rate of green loans will be higher than 20%, achieving a significant expansion of the scale of enterprise medium and long-term loans, and a steady decrease in comprehensive financing costs.
The third is to ensure precise and direct financial support for weak links. We will deepen the implementation of the “oxygen increase plan” for small and micro enterprise credit and the “drip irrigation project” for financial services, expand the scale of down loans, credit loans, and non repayment loans, and further improve the availability and convenience of financing. Promote financial institutions to focus their services on rural areas, tilt resources towards 26 mountainous and island counties, and strive to increase agricultural loans in 26 counties by over 100 billion yuan. Enhance the ability to expand and lower inclusive financial services, expand the coverage of inclusive insurance, and strive for small and micro enterprises and agriculture, rural areas, and farmers.”The balance of government financing guarantees exceeds 120 billion yuan, and the guarantee rate is not higher than 1%. Small loan companies, financial leasing companies, pawnshops and other local financial organizations have provided financing of more than 200 billion yuan to help the development of advanced equipment manufacturing industry and become a new force in the construction of common prosperity demonstration areas.
The fourth is to comprehensively implement policies to increase the assistance and relief efforts of small and micro market entities. Efforts should be made to implement the country’s direct access to the real economy and financial policy tools. Improve our province’s financial advisory services, joint consultation assistance, risk collaborative disposal and other assistance and relief mechanisms, promote a normalized employment insurance market entity assistance loan mechanism, and strive to break through the “dual insurance” financing balance of 75 billion yuan, improving the continuity and stability of financial services. At the same time, we will continue to do a good job in financial risk prevention and control in key areas, and create a high-quality financial ecological environment.