The municipal Projects Matchmaking Meeting for Financial Support Industrial Technology Reform opened in the afternoon of June 11. Twelve financial institutions including Commercial Bank Three Gorges Branch, China Construction Bank Three Gorges Branch signed the financial cooperation contracts with enterprises like Allmed Medical Products Co.,Ltd, Hubei Xingfa Group, Hubei Sanning Chemical Company, valuing 5.338 billion RMB.

　　50 enterprises in need of financial support for technology reforms, together with 21 financial institutions, took part in the meeting. And the total investment amount registered 9.874 billion RMB, which covers 18 enterprises in rural area and 32 in counties and zones, mainly involving in fine chemical industry, advanced equipment manufacturing industry , food and beverage industry, green building materials industry, light industry and biomedical industries. In the first half of the year, 21 eligible projects including loans projects, financing leases projects and producing equipment projects in the rural area received a total subsidy of 19.3877 million RMB; three enterprises received the "four military licenses" award, totaling 300 thousand RMB; and the enterprises in the urban area was allocated an incentive fund of 22 million RMB.

　　On the April 3 of this year, the municipal government formulated and issued the Three-Year Action Plan for Deepening Industrial Technology Transformation in Yichang City to Promote High-Quality Development of Industrial Economyand Guidanceon Financial Support for Industrial Technology Reform.Yichang Financial Department set up a special fund for technical reform support of 100 million yuan, and set up a 3 billion yuan industrial transformation and upgrading guidance fund to support the technological transformation of industrial enterprises, focusing on supporting the deep integration of immortalization and industrialization of industrial enterprises in the central city and some technical transformation projects such as product upgradation, industrial transformation and upgradation, equipment renewal and transformation, military-civilian integration development, corporate strategic restructuring, and corporate compliance regulations. After the project is completed and put into production, Yichang Financial Department will support its development in three ways: “subsidy, reward, and case-by-case approval system”.

　　It is reported that by the end of June, the balance of deposits and loans of Yichang had reached 372.37 billion yuan and 306.275 billion yuan respectively, an increase of 6.68% and 18.81% year-on-year. The loan balance grew significantly and exceeded the 300 billion yuan mark for the first time. Since the beginning of this year, Yichang has carried out three bank-enterprise docking activities, such as “Financial Investments in Early Spring”, “Financial Support for Industrial Technology Reform” and “Bank-Government-Enterprise(Wujiagang District) Docking Meeting, to guide financial resources to the real economy. By the end of the second quarter, of 211 financial cooperation projects of “Financial Investments in Early Spring”, the actual financial performance was 23.33 billion yuan; among the “Financial Support for Industrial Technology Reform”, 27 technical transformation projects have implemented 11 projects and implemented funds of 2.14 billion yuan;In the matchmaking meeting (Wujiagang Area) , The host bank provided credit support to 12 of the 21 enterprises, with a total credit amount of 77.4 million yuan. (Reporters: Xiong Donghua, Li Yang; Correspondent: Yang Ming)