Fuzhou Today

The government, financial institutions, and businesses collaborate to support the development of the 2023/10/13 source: International Daily Print

[Fuzhou Evening News]On September 20th, the "Political and Financial Collaboration to Support the Development of Industrial Parks in Two Countries" thematic political, financial, and business matchmaking conference was held, hosted by the Yuanhong Management Committee of Fuzhou Area, the Financial Department of Fuqing City, and the "Rongbohui" Think Tank Industrial Planning Special Committee. During the event, various financial institutions tailored a range of financial products for 60 enterprises operating in the "industrial parks of the two countries" in China and Indonesia.

During the matchmaking conference, representatives from securities firms delivered keynote speeches on "Effectively Utilizing Financial Instruments to Support Business Development." Several financial institutions introduced "Cross-Border Industrial Park Insurance" and special financing policies for companies in the industrial parks of the two countries. They offered cross-border financial services and various financial credit products such as "Quality Enhancement Loans," "Technology Improvement Loans," and "Technology Loans."

"Participating in the conquest, financial, and enterprise matchmaking conference has been highly rewarding for our company," said Liu Wei, Vice Chairman of Changde Protein Technology Co., Ltd. in Fujian. With the support and assistance from various departments including the industrial park, the company has achieved increased production and efficiency, recording an output value of 4 billion RMB last year. Changde Protein is now planning to expand its production further.

A relevant official from the Financial Work Bureau of Fuqing City stated that in the next steps, various financial institutions will work to open up green channels, streamline loan application processes, and provide services such as credit, trade financing, payment settlement, and consulting. They will continue to increase their financial support to meet the reasonable financing needs of enterprises in the "two-country industrial park" in China and Indonesia. (Wang Guanghui)


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