China News Service, Tianjin, January 16 (Reporter Zhang Daozheng) The reporter learned from the Administrative Committee of Tianjin Dongjiang Free Trade Port Zone on the 16th that in 2020, the Dongjiang factoring industry will increase by 4.486 billion yuan (RMB, the same below), accounting for the entire city of Tianjin. 60% or more.

  Since 2020, a series of key well-known companies such as Far East Horizon, SF Group, Kailuan Group, Henan Investment Group have successively invested and established commercial factoring projects in Tianjin Dongjiang, and commercial factoring projects of key companies such as Midea Group and Lushang Group Increased registered capital successively.

  Up to now, there are 372 commercial factoring companies in Tianjin Dongjiang Free Trade Port Zone.

Among them, there will be 17 newly registered companies in 2020, accounting for 61% of the city's total; 13 companies that have completed the registered capital change, with a total increase of 3.136 billion yuan in registered capital, accounting for 61% of Tianjin; the industry’s net increase in registered capital reaches 44.86 100 million yuan, accounting for about 63% of Tianjin.

  The relevant person in charge of the Administrative Committee of Tianjin Dongjiang Free Trade Port Zone stated that the commercial factoring industry, as a new engine for the development of Dongjiang’s industry, will further play its leading role as a node in the new development pattern of the "double cycle" in the future, which is the "14th Five-Year Plan". During this period, the establishment of the "Factoring Capital" in northern China laid a solid industrial foundation.

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