Jilin Province Promotes the Orderly Resumption of Work and Production in Enterprises

On February 10, key enterprises such as FAW Jiefang Automobile Co Ltd, CRRC Changchun Railway Vehicles Co Ltd and Haoyue Group resumed production; on February 14, FAW Volkswagen resumed production.
 
In recent days, Jilin province has intensively rolled out a series of policies and measures to boost the confidence of all sectors. Many enterprises well coordinate the epidemic prevention and orderly resume work.
 
Changchun New Area first rolls out 15 measures to support enterprises in response to the epidemic which involve five aspects including helping enterprises in production, reducing the burden of enterprises, strengthening the financial guarantee, supporting scientific and technological innovation and optimizing and upgrading services. 
 
Recently, a number of banks in Jilin province have opened up green channels to provide more preferential and efficient financial services by appropriately reducing loan interest rates, reducing service fees, renewing loans and other ways. "We will increase credit support and give priority to the key enterprises and financial institutions which produce, transport and sell important medical materials, as well as ease strains on the industries greatly affected by the epidemic and the enterprises affected by delayed resumption of work," said Tang Qinghui, deputy director of Local Financial Supervision and Administration Bureau of Jilin Province.
 
"For the new loans applied by the enterprises of producing the epidemic prevention and control materials such as masks, isolation suits and protective suits in Jilin province since January 1, the provincial finance departments give discount interest according to no less than 50% of the benchmark interest rate with the maximum amount of per unit no exceeding 3 million yuan. For the loans and businesses guaranteed by the government financing guarantee agencies for producing anti-virus materials in 2020, the provincial finance departments provide guarantee fee subsidies of no more than 2.5%," the related head of the Jilin Provincial Finance Department said. 
 
Since the outbreak of COVID-19, Jilin province has released several measures to further win the battle of the epidemic prevention and control concerning work resumption of enterprises. Besides, various departments have also rolled out policies to minimize the burden of enterprises. Jilin Provincial Market Regulation Department has rolled out 16 measures to support the healthy development of small and medium-sized enterprises in terms of optimizing market access environment, strengthening market regulation, improving service quality and so on. Jilin Provincial Commerce Department has rolled out 18 policies and measures to effectively respond to the epidemic and promote the stable and healthy development of enterprises in the business field, which involve three aspects including supporting the stable operation of commercial enterprises, supporting enterprises to carry out international trade and supporting enterprises to carry out investment cooperation.