In order to implement the spirit of the important instructions of General Secretary Xi Jinping on "Cultivating a Group of Small and Medium-sized Enterprises with Specialization and Innovation", further promote the high-quality development of SMEs in Shanghai, and improve the quality and efficiency of financial services, on the morning of January 6th, Shanghai Municipal Commission of Economy and Informatization and Agricultural Bank of China Shanghai Branch jointly held the signing ceremony of "Specialization and Innovatio Cultivation Action". Wu Jincheng, Chairman of Shanghai Municipal Commission of Economy and Informatization, Rong Zhiqin, Vice Chairman, Chen Qichang, President of Agricultural Bank of ChinaShanghai Branch, Yin Jinqiang and Zhang Qing, Vice Presidents, and Wang Yigang, President of Agricultural Bank Leasing attended the event.
At the ceremony, Mr. Rong signed a strategic cooperation agreement with Mr. Zhang. In the future, Agricultural Bank of China Shanghai Branch plans to provide an intentional financing facility of RMB100 billion to "specialized and innovative" enterprises, give preferential financing rates with market competitiveness, and offer full-cycle integrated financial services. Agricultural Bank of China Shanghai Branch also signed a bank-enterprise cooperation agreement with representatives of "specialized and innovative" enterprises.
This time, Agricultural Bank of China Shanghai Branchissued the "Specialized and New Little Giant Loan" and launched "16 Measures of Financial Support for Specialized and New Enterprises" to promote linked investment and loan services, which will give full play to the advantages of full license, build the collaborative linkage service capability of the head office and branches, domestic and overseas, and on-balance sheet and off-balance sheet, provide one-stop, all-weather and multi-functional comprehensive financial services including capital market, cross-border finance and personal finance for "specialized and innovative" enterprises, and provide differentiated financing facilities such as credit rating upgrade, credit line guarantee, bond-stock linkage support and exclusive team services. At present, the cooperation between Agricultural Bank of China Shanghai Branchand "specialized and innovative" enterprises has entered the fast lane, with the cooperation coverage rate of "specialized and innovative little giant" enterprises in Shanghai exceeding 50%, and the cooperation coverage rate of "specialized and innovative" enterprises in Shanghai exceeding 30%, with an annual growth rate of 90%.
Heads of relevant departments of Shanghai Municipal Commission of Economy and Informatization, responsible comrades of economic commissions (commerce commissions and science and technology commissions) of all districts in Shanghai, heads of relevant departments and offices of Agricultural Bank of China Shanghai Branch, and representatives of "specialized and innovative" SMEs in Shanghai attended the event together.
