Venture(US:VEMLY) Zheng Quan Shi Bao·2025-12-26 23:22Core Viewpoint - The document outlines the government's new guidelines aimed at enhancing the role of the government financing guarantee system to support employment and entrepreneurship, focusing on labor-intensive small and micro enterprises and key groups in need of support [1][2]. Group 1: Support for Labor-Intensive Small and Micro Enterprises - The guidelines propose the establishment of a financing guarantee employment contribution index to quantitatively assess the employment impact of financing guarantee institutions [2][3]. - A resource allocation mechanism based on employment contribution will be developed, with the national financing guarantee fund considering employment contribution as a key factor in distributing re-guarantee business credit limits [2][3]. Group 2: Innovation in Financial Products - The guidelines encourage the development of specialized financial products for labor-intensive small and micro enterprises, including loans for wage payments and special loans for maintaining or expanding employment [3][4]. - The document emphasizes reducing the barriers for financing guarantees by minimizing collateral requirements for enterprises that employ a significant number of workers [3][4]. Group 3: Support for Key Groups in Entrepreneurship - The guidelines advocate for supporting key demographics, such as recent graduates and veterans, in applying for entrepreneurial guarantee loans, ensuring equal access to financing for various educational backgrounds [4][5]. - Government financing guarantee institutions are encouraged to provide guarantee services for entrepreneurial loans to ten specific employment groups, including unemployed individuals and rural entrepreneurs [4][5]. Group 4: Financial Cost Reduction and Efficiency - The guidelines suggest local governments explore reducing guarantee fees for eligible entrepreneurial loans and incentivizing trustworthy clients with fee refunds [4][5]. - A mechanism for rapid processing of entrepreneurial guarantee loans is proposed, aiming for expedited approval and disbursement processes [5]. Group 5: Risk Management and Innovation - The guidelines stress the importance of balancing innovation in financial products with risk management, ensuring that financing solutions remain sustainable and within risk control limits [5].