Hebei: "Green Channel" Smooth Post Disaster Reconstruction Financial Support Factory | Loan | Hebei
Shijiazhuang, August 14th, Xinhua News Agency (Xinhua) - Hebei Province: "Green Channel" Smooth Post Disaster Reconstruction Financial Support
Xinhua News Agency reporter Liu Taoxiong
On the afternoon of the 13th, the reporter arrived at Hebei Genghong Agricultural Technology Co., Ltd. located in Baichigan Town, Zhuozhou City, Hebei Province. With the sound of clanging, a scaffolding over 8 meters high on the outer wall of the factory building was completed. Wang Fen, the deputy general manager of the company, was discussing with the workers the next step of repairing the roof of the factory building.
Hebei Genghong Agricultural Technology Co., Ltd. is a modern agricultural enterprise focusing on purple corn planting and deep processing. The production workshop and planting area are located on both sides of the Beijuma River. Affected by the rainstorm and flood, the plant and production equipment were damaged to varying degrees.
"At present, our company's most urgent tasks are factory maintenance, production equipment maintenance and replacement, and procurement of raw materials, all of which urgently require funds." Wang Fen said that on August 8th, the Industrial and Commercial Bank of China Zhuozhou Branch learned about their funding needs and took the initiative to visit and quickly complete on-site investigations, interviews, credit granting, and other work. On August 10th, a loan of 3 million yuan was disbursed.
"A loan of 3 million yuan has alleviated our urgent needs. With the support of all parties, we will accelerate production self rescue and restore our factories and production lines as soon as possible." Wang Fen said.
For small and micro enterprises, planting and breeding enterprises, and individual industrial and commercial households in disaster stricken areas, ICBC Hebei Branch has opened a priority approval "green channel" to simplify the review process and increase credit supply; For those who face temporary repayment difficulties, short-term financial pressure can be alleviated by adjusting repayment plans and other means. As of now, ICBC has issued more than 48 million yuan in inclusive loans to small and micro enterprises, individual businesses, and others affected by the disaster in Zhuozhou.
Entering the Huiyou Logistics Processing Park located in Diaowo Town, Zhuozhou City, there is a constant stream of vehicles. In the fresh warehouse replenishment area, a batch of fresh fruits and vegetables such as cabbage and tomatoes have arrived. Dozens of workers are operating electric forklifts to stack the goods neatly. The next morning, these goods will be transported to various stores.
Huiyou Group is a large local chain commercial retail enterprise in Baoding, with about 70 stores in Baoding and surrounding cities and counties. More than 80% of the products in these stores come from the logistics processing park in Zhuozhou.
"The resumption of production by enterprises cannot do without the support of financial institutions. ICBC has alleviated our financial pressure by reducing loan interest rates and extending repayment periods." Jin Wei, Director of the Development Department of Huiyou Group, said that as a key supply guarantee enterprise in Baoding City, they must overcome difficulties and accelerate the resumption of work and production. Currently, replenishment has returned to normal, and food processing machinery is also accelerating maintenance.
Regarding the key projects of post disaster recovery and reconstruction, the Industrial and Commercial Bank of China (ICBC) Hebei Branch will focus on increasing investment and financing support in the fields of transportation, municipal administration, and supply guarantee, fully meeting the reasonable financing needs of enterprises and projects. As of now, ICBC has quickly applied for and approved loan funds of 1.94 billion yuan for 8 key projects in Zhuozhou.
It is understood that in order to further improve financial support for post disaster reconstruction, the Shijiazhuang Central Branch of the People's Bank of China has recently joined forces with relevant departments such as the Hebei Regulatory Bureau of the State Administration for Financial Regulation to introduce several measures, proposing to increase the investment of monetary policy tools, arrange a rediscount fund of 10 billion yuan for re loans, and give priority to supporting financial institutions to provide preferential interest rate loans and bill discounting financing to disaster stricken private enterprises, small and micro enterprises, and agricultural operating entities. Encourage financial institutions to open "green channels" for key areas, industries, and enterprises that have been greatly affected by disasters, and prioritize the acceptance, approval, and disbursement of post disaster reconstruction loans; We will actively provide medium - and long-term loan support to meet the financing needs of reconstruction projects such as damaged road traffic, water, electricity, and gas, and municipal facilities, and increase funding support.
