Recently, the second round of centralized work of the Yichang Financial Services Emergency Response Center is temporarily finished. As of April 30, the newly accumulative increase of banks credit has been granted to 15,175 customers with55.03 billion yuan; the bank loan amounts to 32.97 billion yuan for 14,093 customers, and 233 off-balance-sheet financing contractions were madewith 16.741 billion yuan, according to information from the Yichang Bureau of Financial Services on May 6.

　　During the second round of centralized work, the emergency center forms six working groups to preciselypromote some priorities such as financing integration of the “the cooperation of government, bank and enterprise”, special services for small and micro enterprises, and temporary assistanceplans for enterprisesin accordance with different needs. In response to financing difficulties generally reflected by enterprises, 21 special offline financing meetings are held in an integrated mannerfor Zigui County, logistic park and so on, which help 1,281 enterprises and private business to attain 24.295 billion yuan in credit.

　　The emergency centerfocuses on the establishment of “1+3” working mechanism (including financial regulation agencies, administration departments and banking institutions) to jointly serve small and micro businesses and carry out the financial special action for small and micro businesses with the Municipal Federation of Industry and Commerce and the Municipal Private Association. By April 30, banks have granted new credit of 9.253 billion yuan to 2,893 small and micro enterprises, giving loans to 2,255 customers amounting to 7.518 billion yuan; the 2.68 billion yuan credit of involving 11,926 customers and the 2.341 billion yuan loans to 11,502 private businesses.

　　Meanwhile, temporary assistanceplansfor enterprises are madeto help companies with good market prospects to get out of trouble. The first 68 enterprises have been “comprehensively diagnosed” one by one at designated banks, and “one policy for one enterprise” is made to address difficulties, among which 16 enterprises have been provided with credit support of 362 million yuan; existing loan interest of 8 enterprises are cut by more than 100BP with an exemption of 730,000 yuan penalty interest of enterprises. All banks in Yichang have used the national financial bail-out policy to help enterprises to continue loans of 5.836 billion yuan, extendloans of 8.275 billion yuan, and postpone the repayment of capital with interest of 26.571 billion yuan, and the 99.7% of the policy with maximum delay has been carried out.

　　Besides, the emergency center plans to deepen innovation, centralize the process of government affairs, establish credit “white lists”, and develop highly authentic online financial products for a more efficient online service, among which the credit of 388 million yuan is granted to enterprises in financing need via the Online Financial Services Hall called “Qi Dai Tong”and the credit of 97 million yuan is provided for entrepreneurs and operators of small and micro businesses by venture guarantee loan.

　　The Emergency Services Centre will continue to maintain the integrated cooperative mechanism and promote related work. The next step is to continue to improve the financial services for small and micro enterprises and individual businesses, actively explore and develop the supply chain finance and facilitate Yichang’s market entity to prevail over difficulties and achieve production targets. (Reporter Zou Yuan, correspondent Yang Ming, Liu Mingxing)