On October 22, the Financial Services of Market Economic Symposium was held in Yichang Free Trade Zone (high-tech zone), and the main responsible staffs of Yichang Municipal Financial Office, the Branch Bureau of Bank Insurance Supervision, as well as representatives of some financial institutions were invited to give advice and solutions to problems for enterprises. On the spot of the symposium, some enterprises reached the cooperation with banks and financial institutions on loan and credit, with the loan amount reaching 70 million yuan.

　　In order to further play the supporting role of finance in the development of real economy and enterprise, Yichang Free Trade Zone has issued a package of policies and measures in the financial sector. For example, measures to further encourage enterprises to use multi-level capital markets to speed up the development and implementation are adopted to subsidize successful listed enterprises in the High-Tech Zone. Measures for promoting scientific and technological innovation and accelerating the development of scientific and technological enterprisesin Free Trade Zone to encourage financial institutions to provide financing guarantee, equity financing and other services to scientific and technological enterprises in the zone. Innovation of unsecured credit loan involves 23 financial products in the life cycle of scientific and technological enterprises such as creative period, start-up period, growth period and maturity period. Most of the products are based on patents, intellectual property rights or pure credit extension. In particular, after taking the measure of " fast loan for small-micro enterprises ", nearly 80 million yuan of credit has been granted to 504 small and micro enterprises in the area.

　　At the same time, we have strengthened the cooperation between Banks, the government and enterprises to increase credit and solve financing problems for foreign trade enterprises. So far, some enterprises, including Yihua Group, Humanwell PharmaceuticalCo., Ltd, Yichang Sanxia Pharmaceutical Co., Ltdand Yichang Heixuanfeng Machinery Co., Ltd have received loans totaling more than 200 million yuan. It is expected that 30 to 50 small and medium-sized foreign trade enterprises will benefit this year. In order to expand financing channels for small, medium and micro high-tech enterprises, the government and banks also jointly launched the fiscal loan for science and technology innovation. Since then, the number of cooperative banks has increased to 9, providing 35 loans for small and medium-sized scientific and technological enterprises, with the total amount of nearly 200 million yuan.

　　Next, Yichang Free Trade Zone will further expand the cross-border use of RMB, explore capital account convertibility, deepen the reform of foreign exchange management, and explore the facilitation on investment, financing and exchange. (Reporter: Zhang Silu; Correspondent: Zhou Tingting)