laitimes

Shenzhen Longhua District: Injecting financial "living water" into the real economy

In order to thoroughly implement the "six stability" and "six guarantees" work requirements and better respond to the normalization of the prevention and control of the new crown pneumonia epidemic, the People's Government of Longhua District of Shenzhen, together with the Shenzhen Municipal Central Branch of the People's Bank of China, went deep into the community to closely carry out the special work of stabilizing enterprises and ensuring employment, and promoted financial support for stable enterprises to ensure employment. As of September 18, 2021, a total of 11,106 enterprises in Longhua District have been visited, 5,703 enterprises with financing needs, and 2,935 enterprises have been granted credit, with a credit amount of 6.174 billion yuan.

Longhua District carries out special work to stabilize enterprises and ensure employment, establish and improve the long-term mechanism for promoting the sustainable development of the real economy in Longhua District, give full play to the strength of all participating units, rely on community grid management, take the initiative to sink the community, find out the bottom number, visit in depth, timely discover financing problems, timely feedback on financing needs, timely docking investment and financing sides, timely assessment and improvement, and strengthen financial services for small and medium-sized enterprises. In this way, we can fully grasp the situation of enterprises in Longhua District, provide information support for the docking of government, banking and enterprises, do a good job of in-depth docking through door-to-door service, financing matchmaking meetings, etc., and increase financial support for enterprises in the jurisdiction.

Longhua District launched a series of activities of "Finance Helps Digital Longhua", implemented the development strategy of Longhua 'Digital Economy Pilot Zone', guided financial forces to serve the real economic system, and helped small and micro enterprises solve the "financing difficulties" dilemma. Up to now, it has carried out three financial policy publicity meetings and bank-enterprise docking exchange meetings related to "Financial Assistance digital Longhua", focusing on three themes such as intelligent manufacturing equipment, consumer Internet, and industrial Internet, to build a financing communication bridge for banks and enterprises. A number of financial institutions take turns to help Longhua digital enterprises obtain policy dividends in a timely manner, interpret the financial policies and financing policies of the digital economy in Longhua District, promote the optimization of the elements of the whole industrial chain and the industrial ecosystem, effectively reduce financing costs, face the concerns of financial institutions that they "dare not lend and are unwilling to lend", resolve the contradiction between them and the current situation of small and medium-sized enterprises generally facing problems such as "difficult first loan", "slow financing" and "complicated financing", promote the digital transformation of Longhua enterprises, and provide strong support for the development of the digital economy in Longhua District.

Longhua District deepened the cooperation between banks, governments and enterprises, and signed a strategic cooperation framework agreement on financial support for the digital economy with BoC Shenzhen Branch, CCB Shenzhen Branch, China Merchants Bank Shenzhen Branch and Bank of Beijing Shenzhen Branch. Give full play to their respective advantages and industrial synergies, through resource channel sharing, complementary advantages, and financial technology empowerment, focus on the construction of ten key industrial chain groups in longhua district's digital economy, develop financial products, further improve and enrich the "toolbox" of longhua district's digital economy and finance, and create a new pattern of digitalization of longhua industrial cluster.

Longhua District and Shenzhen Hi-Tech Investment jointly launched the "Longhua District - Wanhe Securities - Hi-Tech Investment Intellectual Property No. 1 Asset Support Special Plan (Digital Economy I)", realizing the first asset securitization product focusing on the digital economy in Shenzhen, securitizing intellectual property assets, that is, supported by the expected future income of intellectual property rights, financing through the issuance of market circulation securities, feeding the real economy with finance, and its issuance scale reached 202 million yuan, helping start-up and technology-based enterprises to raise funds at lower cost and higher efficiency. Solve the dilemma of "urgent use of money and difficulty in lending" during the development period of enterprises. In the first half of 2021 alone, the digital economy in Longhua District achieved an output value of 188.6 billion yuan, a strong growth of 46.2%.

Under the guidance of the Shenzhen Municipal Financial Supervision Bureau, Longhua District has set up online live classes to promote the recovery of Longhua's digital economy under the epidemic situation. Online, professional teachers of Shenzhen Angel Investment Fund and Hi-Tech Investment Group are invited to teach courses on how angel sub-funds select investment targets and how to finance enterprises around start-up enterprises, deeply interpret the financing path from the perspective of investors and financiers, and provide new ideas for corporate financing. At the same time, offline and The Shenzhen Municipal Financial Supervision Bureau jointly carried out anti-epidemic condolences and donation activities, and visited the Memorial Hall of the Great Rescue of Chinese Cultural Celebrities, to feel and absorb the great spirit and enterprising strength of the revolutionary martyrs, to stimulate the sense of responsibility of party members and cadres in the urban financial industry to keep their original intentions and undertake the mission, and to promote the warm-up and development of Longhua's digital economy in parallel with the online live broadcast small class.

Longhua District Bureau of Industry and Information Technology continued to focus on the construction of ten key industrial chain groups in Longhua District's digital economy, held a special session for bank-enterprise docking, focused on the comprehensive construction of the "Digital Longhua, Urban Core" center, and comprehensively launched the "1+N+S" digital economy policy system on August 26, helping enterprises to develop and grow through inclusive financial policies such as discounts and guarantees, injecting financial vitality into enterprise development, giving full play to industrial synergy, promoting digital empowerment of Longhua's high-quality development, and creating a new pattern of digitalization of industrial clusters. Promote the in-depth integration of industry and finance, and accelerate the construction of a demonstration zone for the combination of industry and finance in Shenzhen.

The relevant person in charge of the Bureau of Industry and Information Technology of Longhua District said that it is necessary to continue to strengthen the connection with the Shenzhen Central Branch of the People's Bank of China, continue to carry out the special work of "going deep into the community to stabilize enterprises and ensure employment", and build a financing docking platform for government, banks and enterprises by visiting the community with commercial banks, further alleviating the financing problems of small and medium-sized enterprises, solving the problems of first loans and renewing loans for enterprises, and injecting financial "living water" into the real economy.

Source: Financial Times client

(Author: Zhu Lixuan, correspondent Zhu Fengqing, Zhong Lishan, Editor: Yang Zhiyuan )