Hubei held a press conference on “Deepening Fiscal and Financial Coordination to Empower Technological Innovation and High-Quality Development”. According to the Hubei Provincial Department of Finance, since this year, it has invested 12.33 billion yuan in loans under the Private Investment Special Guarantee Program, benefiting nearly 20,000 enterprises, ranking among the highest in the country. An emergency loan transfer service system covering the whole province has been established. The size of the emergency loan transfer relief fund exceeds 4 billion yuan. This year, the additional loan transfer scale exceeds 49.7 billion yuan, reducing loan transfer and loan renewal costs for more than 4,700 enterprises by about 1.66 billion yuan.

Hubei held a press conference on “Deepening Fiscal and Financial Coordination to Empower Technological Innovation and High-Quality Development”. According to the Hubei Provincial Department of Finance, since this year, it has invested 12.33 billion yuan in loans under the Private Investment Special Guarantee Program, benefiting nearly 20,000 enterprises, ranking among the highest in the country. An emergency loan transfer service system covering the whole province has been established. The size of the emergency loan transfer relief fund exceeds 4 billion yuan. This year, the additional loan transfer scale exceeds 49.7 billion yuan, reducing loan transfer and loan renewal costs for more than 4,700 enterprises by about 1.66 billion yuan.