Tang Jiheng, Member of the Standing Committee of the Quanzhou County Party Committee, Deputy Secretary of the Party Group of the County Government, and Executive Deputy County Mayor of Guilin City

This symposium received great attention from the People's Government of Quanzhou County. "Government Bank" refers to a government-backed financing guarantee institution, which includes the government, banks, and guarantee institutions to cooperate with each other to solve financing difficulties for small and micro enterprises.

In recent years, the state has continuously improved its business environment and supported the development and growth of small and micro enterprises. However, in the operating process of small and micro enterprises across the state, they face some problems that need to be solved urgently, and the "asset-light" characteristic has become the biggest bottleneck in their financing. In this regard, the People's Government of Quanzhou County has established multi-party cooperation and integrated drive with financial institutions such as Guilin City Small and Micro Enterprise Financing Guarantee Co., Ltd. and Agricultural Bank of China Quanzhou Branch. Through policy guidance, it has built platforms, opened channels, and established a risk sharing mechanism for small and micro enterprises to provide external credit enhancement services and support for small and micro enterprises in the county, and effectively solve the practical problems of difficulty and expensive financing.

Speech by Chairman Jiang Zhiwen of Guilin City Small and Micro Enterprise Financing Guarantee Co., Ltd.

The "government bank" cooperation model will accurately support the financing needs of small and micro enterprises across the state, and will surely provide strong confidence and motivation for the development of enterprises across the state.

Wang Haihua, President of Agricultural Bank of China Quanzhou Branch

The "government-backed-bank" cooperation mechanism, involving multiple parties, provides small and micro enterprises with policy-based credit enhancement and risk sharing support that is easy to finance, low-cost, and weak mortgage, and will play an important role in the financing guarantee system of small and micro enterprises across the state.