两年来我省已发放超千亿贷款惠及5000多家企业财政贴息，“贴一贴”换来发展“好消息”

Core Insights - Jiangsu province is implementing a financial interest subsidy policy starting in 2024 to support small and micro enterprises, enhancing the quality and efficiency of the real economy [1][6] - By September 30, 2023, various interest subsidy products have issued loans totaling 1,434.05 billion yuan, with over 1 billion yuan in subsidies benefiting 5,212 enterprises [1] Manufacturing Sector Support - The manufacturing sector, identified as the "ballast stone" of Jiangsu's economy, has received significant support, with loans amounting to 1,015.29 billion yuan, accounting for approximately 70% of the total issued loans [1] - Companies like Zhongcai Lithium Membrane (Nanjing) Co., Ltd. have benefited from these policies, receiving 880 million yuan in loans to accelerate project development [1] Financial Collaboration - Large-scale financing projects are often challenging for single banks; thus, a consortium led by China Construction Bank has been formed to facilitate loans and subsidies for enterprises [2] - Since the implementation of the manufacturing loan interest subsidy policy in June 2024, 450 million yuan in subsidies have been allocated, benefiting 2,027 enterprises [2] Urban Renewal Financing - The "Chengxin Loan" has issued 179.13 billion yuan, focusing on urban renewal projects, including infrastructure upgrades and old community renovations [3] - By September 30, 2023, the "Chengxin Loan" has provided 329 million yuan in subsidies, benefiting 183 enterprises [3] Diverse Financial Products - The "Suzhi Loan" has issued 131.92 billion yuan, benefiting the highest number of enterprises at 2,203 [5] - Other financial products like "Jiaoyun Loan" and "Technology Innovation First Loan" have also contributed significantly, with respective loans of 73.9 billion yuan and 31.19 billion yuan [5] Policy Effectiveness and Long-term Strategy - Jiangsu has introduced over 10 special interest subsidy policies, streamlining the application process to enhance enterprise access to funds [6] - The policies are designed to address the challenges of traditional industries facing equipment aging and technological lag, ensuring financial support for critical sectors [6][7] Economic Resilience - The interest subsidy policies aim to lower financing costs for enterprises while directing social capital towards key areas such as manufacturing upgrades and infrastructure development [7] - The effectiveness of these policies is evident in their ability to convert "policy dividends" into tangible economic outcomes, fostering long-term growth [7]