| Jiangxi Province’s newly increased petty loans will break the record this year; the “no-barriers” green channel will be opened for the first time, and the standard for counter-guarantee will also be greatly lowered. In the beginning of 2010, a number of new policies in Jiangxi brought a lot of convenience for people who want to start their own business. It is learned from authoritative departments of Jiangxi Province that in 2010 Jiangxi plans to increase petty loans to over RMB3.8b in order to support the 80, 000 people who will start their own businesses and to nurture the 600 labor-intensive small businesses. The petty loans will play the multiplier effect in the “business-starting service” this year. |
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