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The country starts a business over 20 billion loan input Yunnan industrial development
Posted on 十月 19th, 2009 No commentsPeople.com Kunming, October 19 – (by Xu Yuanfeng) on 19th, the Yunnan provincial government and National Development Bank signed the tied loan cooperative agreement, before 2012, the country starts a business to provide to Yunnan is not lower than 20 billion Yuan industrial development medium and long-term tied loan; Hereafter 10 years argue vigorously tied loan remaining sum to amount to 60 billion Yuan, and necessary provide “throw, loan and debt, to rent” and so on comprehensive financial service.
According to the national industry policy and regional industry development project, this batch of loan will go to the Yunnan pharmabio and living resources development, the agricultural and subsidiary products processing and base construction and energy conservation environmental product, light textile industry, the non-ferrous metal intensive processing, the fine phosphorization labor and new material and equipment manufacture and photoelectron industry with emphasis, as well as other provincial government definite key industry domains.
The Yunnan provincial government establishes the specialized agency recommends the key enterprise and project to the National Development Bank, to integrating the cooperation scope’s loan project provides completely or the part deducted interest, pays the bank directly. The National Development Bank recommends and gives the deducted interest the industrial development project to Yunnan, gives the loan benchmark interest rate entire journey to float down 10% interest rate preferential benefits, and suitable extending a time limit length of maturity. The Yunnan provincial government will also start a business to set up the violation risk compensatory payment special bank account in the country, reduces the enterprise violation risk. (This article originates: People.com)

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