Urumqi has taken multiple measures to reduce loan interest rates by 10% during the epidemic for small, medium and micro enterprises
Economic Daily-China Economic Net, Urumqi, August 8 (Reporter Ma Chengzhong) "In order to reduce the impact of the epidemic, help companies solve difficulties, and overcome difficulties, Urumqi has introduced a number of measures in terms of finance, tax reduction and fee reduction, and job stabilization. A policy measure to alleviate the difficulties in the development of enterprises.” said Shang Yulan, deputy secretary-general of the Urumqi Municipal People’s Government, at a press conference held by the Xinjiang Information Office on the 8th.
In terms of reducing the production and operation costs of enterprises, all enterprises in Urumqi city can appropriately reduce the housing provident fund payment ratio this year, and the minimum amount can be reduced to 5%; for projects that apply for construction permits before September 30, the urban infrastructure will be reduced and exempted according to the actual project volume this year. Facilities supporting fees. During the epidemic, the production enterprises of epidemic prevention products that have increased their production capacity through technological transformation will be subsidized by 20% of the additional equipment investment. For projects that effectively release production capacity, the municipal finance will provide full loan interest discounts. Shang Yulan said that during the epidemic, financial institutions will not draw, cut off loans, or suppress loans to all small, medium and micro enterprises in the city, and the loan interest rate will be reduced by 10%. For small, medium and micro enterprises that have difficulty paying water, electricity, and gas fees in full, we will provide assistance with "non-stop payment of outstanding fees".
Urumqi also carried out remote approval services and electronic bidding in accordance with the principles of “online management” and “zero meeting”, reducing the approval time from 120 working days to 70 working days. Promote the reform of the five major types of project approval procedures, gradually establish supporting systems such as joint acceptance and multi-strategy integration, operate the "multiple regulations in one" project approval management system, carry out "non-contact" precise services, and realize the full process of 196 business items Apply online.