In the next 5 years, small and medium-sized enterprises in Jiangsu province will receive trillions of credit loans, according to financial service cooperation agreement signed on February 28 by the Provincial Department of Industry and Information Technology and five provincial financial institutions. In the next 3-5 years, these five financial institutions will provide credit support for small and medium-sized enterprises in the province with a total price of more than one trillion. The signing of the contract aims to build a government-bank cooperation platform and continuously reduce the financing costs of small and medium-sized enterprises.
