Financing

1.     Increasing credit support for SMEs

Local banks and institutions are encouraged to increase their credit support for SMEs. They are encouraged to increase first loans, their proportion of credit loans and long-term loans to SME s in the manufacturing sector.

Monetary and credit department of Qingdao sub-branch of the People’s Bank of China

0532-80896335

Qingdao Banking and Insurance Regulatory Commission

0532-83079360

Qingdao financial supervision and administration

0532-85913283

Financing and cooperation department of Qingdao private economy development bureau

0532-51917612

2.     Easing enterprises’ shortage of working capital

Monetary and credit department of Qingdao sub-branch of the People’s Bank of China

0532-80896335

Qingdao Banking and Insurance Regulatory Commission

0532-83079360

Qingdao financial supervision and administration

0532-85913283

Financing and cooperation department of Qingdao private economy development bureau

0532-51917612

3.     Lowering the threshold of enterprises’ first loan

Monetary and credit department of Qingdao sub-branch of the People’s Bank of China

0532-80896856

The Qingdao Banking and Insurance Regulatory Commission

0532-83079360

Qingdao financial supervision and administration

0532-85913283

Financing and cooperation department of Qingdao private economy development bureau

0532-51917612

4.     Increasing credit of SMEs in financing

Local banking and financial institutions are encouraged to increase loans to small and micro businesses in Qingdao.

Financing and cooperation department of Qingdao private economy development bureau

0532-51917612

Local banking and financial institutions are encouraged to increase their loans to industrial enterprises, especially in the manufacturing sector.

Enterprise services office of Qingdao municipal bureau of industry and information technology

0532-85911068

Qingdao will offer financing guarantee subsidies. For detailed information, contact the following department.

Financing and cooperation department of Qingdao private economy development bureau

0532-51917612

Qingdao will use loans with preferential foreign trade policy interest rates to promote banking and financial institutions, to better serve foreign trade enterprises.

International trade office of Qingdao bureau of commerce

0532-85918136

5.    Tailored financial services to SMEs

Local financial institutions are encouraged to provide tailored financial services to SMEs.

Qingdao financial supervision and administration

0532-85912158; 0532-85913725

6.    Special emergency loans for production of epidemic prevention materials

Qingdao has set up a special emergency loan worth 1 billion yuan ($140 million) for the production, transportation and sales of key medical articles and living materials related to epidemic prevention.

For small and medium-sized enterprises that are unable to operate normally and encounter temporary difficulties due to the impact of the epidemic, Qingdao has set up a transfer loan of 2 billion yuan for their daily production and operation.

Financing and cooperation department of Qingdao private economy development bureau

0532-51917612

Benefit protection office of Qingdao municipal medical insurance bureau

0532-85715319

Qingdao public service center for small and medium-sized enterprises

0532-55583319; qdrzzx＠126.com

Qingdao branch of China Development Bank

0532-83783134; 15588623456

Bank of Qingdao

13407609288

Qingdao Rural Commercial Bank

0532-66957209