Zhongxin Finance, May 5. The executive meeting of the State Council held on May 5 pointed out that policy support, especially financial support, should be increased.

  Large state-owned banks added 1.6 trillion yuan in inclusive small and micro loans this year, guiding banks to strengthen proactive services.

  Reasonable loan renewal, extension, and adjustment of repayment arrangements for small, medium and micro enterprises and individual industrial and commercial households will not affect credit records, and penalty interest will be waived.

  Expand the business coverage of the National Financing Guarantee Fund and government financing guarantee institutions to small, medium and micro enterprises and individual industrial and commercial households.

  Specific measures to support the healthy development of the platform economy should be introduced as soon as possible.

  All localities should arrange special funds for the relief of small, medium and micro enterprises and individual industrial and commercial households, and provide subsidies for rent, guarantee fees, loan interest and other subsidies for those with operational difficulties.

  Encourage local governments to implement phased preferential electricity prices for small and micro enterprises and individual industrial and commercial households, and "non-stop supply of arrears" for water, electricity, and gas, and make up payments within 6 months.

  The average tariff of broadband and private lines for small and medium-sized enterprises will be reduced by another 10%.

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