Facing with the great pressure from the current economic environment, Yichang has taken effective measures to optimize the investment environment, broaden the investment field and build the self-employment platform, thus having the private capital activated. According to the Yichang municipal government, since January, the private capital has invested 87.2 billion RMB yuan and provided the loan of 17.7 billion RMB yuan for medium-sized and small-sized companies.
　　The strong enterprises in Yichang are active in making investment. Junyao Group has invested 6 billion RMB yuan to rebuild the shanty area on Huancheng Road South; Jixing Chemical Company has invested 5 billion RMB yuan into the Calcium and Salt project; Noah Light and Electricity Company has invested 3.8 billion RMB yuan to build light and electricity industrial park, and Taisheng Chemical Company has invested 1.1 billion RMB yuan to the project of 10 tons of glyphosate technical.
　　Meanwhile, some private capitals have united to provide financing service for medium-sized and small-sized companies. They have joined in 42 microfinance companies with a total registered capital of 4.7 billion RMB yuan. So far since this year, they have loaned 2,740 batches of loan, which are 3.7 billion RMB yuan in total. Moreover, they have established financing guarantee companies with a total registered capital of 5.76 billion RMB yuan and a total capital of 7.22 billion RMB yuan. Currently 3.15 billion RMB yuan of the newly added guaranteed finance has been completed and the number of the newly added guaranteed customers is 677. The total balance of the guaranteed finance is 14.06 billion RMB yuan and the number of the guaranteed customer reached 2,429.
　　Furthermore, some private capitals have participated in the establishment as well as the capital increasing and stock share enlarging of 13 local financial institutes, further strengthening its force to support the medium-sized and small-sized companies. So far, the balance of the loan of Agriculture and Industry Bank reached 23.29 billion RMB yuan, increasing by 2.857 billion RMB yuan and 13.98% compared with the beginning of this year. (Reporter: Tang Yigui)