Stable Economic House • Financial Experts said | Chen Huixiong, a University of Zhejiang University of Finance and Economics: Precise service, stimulate new vitality of economic development

In the case of opening: Since the beginning of this year, in order to cope with the economic downturn and the epidemic situation on the normal production and operation of market players, the Zhejiang Banking Insurance Regulatory Bureau has strengthened supervision and leadership, guided the banking institutions in the jurisdiction Renewal loans and other mechanisms, iterate up the establishment of a "continuous loan+flexible loan" model, comprehensively improve the sense of gain and sustainability, and boosts the development confidence of the enterprise. From July 19th, the Zhejiang Banking Insurance Regulatory Bureau and the Science and Technology Finance Times will open the "Story of Economic Observatory • Financial Experts" column to contribute financial talents and strength to the common prosperity and modernization of the provincial region.

Chen Huixiong, director, professor, and doctoral supervisor Chen Huixiong of the Institute of Economics, Zhejiang University of Finance and Economics:

Precise service, stimulate the new vitality of economic development

Chen Huixiong

In the first half of this year, the international environment became more complicated and severe. The domestic epidemic was exuded more, and multiple pressures were superimposed. my country's economic development has encountered unprecedented challenges, and the economic growth rate has shown a large ups and downs. In May, the State Council held a national call conference on the national market to stabilize the economic market, requiring solidly promoting various policies for the economy to take effect. Financial support for economic and social development.

With the in -depth development of finance to help stabilize economic work, the Zhejiang Banking and Insurance Bureau combined with the actual situation of Zhejiang, summarized early work experience, explored financial policies that meet the needs of economic subjects at this stage, and established a "continuous loan+flexible loan" model. This model promotes the continuous deepening of bank institutions to continue to renew the loan model, and better play the role of credit funds in "stabilizing enterprises" and "preservation volume", so that financial live water accurately "drip irrigation" to economic links and markets that need funds that urgently need funds and markets that need funds to be urgently needed. On the subject, helping enterprises relieve it and help the local economy stabilize and recover. From the current situation, the "Continuous Loan+Flexible Loan" model has three characteristics:

The first is accurate timing. After the impact of the epidemic in March and April, the economic circulation links in some areas have stagnated, and the production and operation of enterprises have been greatly affected, especially small and micro enterprises with weak risk capabilities facing greater financial pressure. Because the general period of operating loans is one year, renewal of loans must be returned to the original loan first, and then new loans are required. This will undoubtedly increase the pressure and operating risks to the impact of the affected enterprises. After the epidemic is stable, market demand has gradually stabilized, and the production and operation of enterprises requires mobile fund support. At this critical stage, the introduction of the "continuous loan+flexible loan" model is undoubtedly a "timely rain" brought by the economic subject.

The second is targeted. The key support target of the "Continuous Loan+Flexible Loan" model is "operating in accordance with laws and regulations, normal production and operation (including the impact of the epidemic, temporary production and operation difficulties, but regaining normal production capacity, good enterprise development prospects), good credit qualifications, in line with in line with The issuance of flow loan funds weekly loan conditions and other conditions based on the requirements of bank institutions based on prudent operations and compliance management requirements. "These are the main force of stable economy and the cornerstone of future economic development. Help the stability of the economic market.

The third is accurate effort. The "Continuous Loan+Flexible Loan" model has deepened the existing service models such as non -repayment loans, medium -term mobile funds loans, circulating loans and annual review systems. Banking institutions provide products and services to enterprises based on the characteristics of enterprise production and operation. Strong targetedness, applicability and flexibility can meet their financial needs according to different needs and operating conditions of the enterprise.

The personnel of Lujiang Rural Commercial Bank visited Zhejiang Xinfeng Special Paper Company.

After a series of stability and economic policies of Zhejiang Banking Insurance Regulatory Bureau, a good response has achieved a good response. Taking the behavior of the River Rural Commercial and Commercial Behavior, as a local legal person financial institution in Lujiang District, Luzhou City, the bank actively serves the local economic entity and has a difficult time to provide stable and reliable financial support for local enterprises:

The first is that party building leads enterprise rescue. Focusing on the implementation of a package of stabilization of the economy, continuously deepening the "party building+finance", actively responding to the deployment of the district party committee organization department and the information department, and participating in the "dual -leading enterprise" operation. With the "group -to -enterprise+order service" model, the accurate service list enterprises are used to achieve "sending policies to promote development, capital delivery to promote vitality".

The second is to provide precise assistance. Introduce the "Top Ten Measures for the Stability of the Economy to Stead and Promotions", set up 5 billion yuan of special credit bailout funds, and increase the accommodation catering, wholesale and retail, cultural tourism, transportation, industrial manufacturing, foreign outside Support of trade such as trade and other industrial and commercial households. For loan customers such as the above -mentioned enterprises and personal housing and consumer loans, they promise not to draw loans, continuous loans, and loans. According to the principles of marketization, they have independently negotiated with small and medium -sized enterprises, individual industrial and commercial households, and truck drivers. Interest. As of the end of June, the bank had accumulated 5,338 households to repay the principal and interest, involving a loan principal of 1.875 billion yuan.

The third is to increase financing channels. Use enough policy tools, relying on the four policy products such as Puhui's small and micro loan, science and technology enterprise loan, district guarantee cooperation with private small and micro loans, and agricultural loan loans to provide flexible interest rate pricing policies to policy target groups to ensure that the loan should be loan. Due to loan and be able to loan sufficient loans. As of the end of June, the number of loans of inclusive small and micro enterprises added 669 households, 809 million yuan, and a growth rate of 15.21%. The growth of science and technology enterprise loans was 319 million yuan; the district guarantee cooperation loan increased by 135 million yuan.

The fourth is to reduce financing costs.In accordance with the principles of "should be extended" and "continuous continuity", the policies such as "extended repayment of principal and interest" and "no renewal loans" are flexibly used to help enterprises reduce financing costs and spend difficulty stable.For customers with credit demand, provide active credit in accordance with the principle of "loan due to loans", and replenish mobile funds in time in a timely manner.As of the end of June, the balance of the two mechanisms of "Continuous Loan+Flexible Loan" of the entire bank was 7.724 billion yuan, an annual increase of 1.066 billion yuan.The balance of loans of micro -enterprise reached 73.52%.These financial assistance measures have better alleviated the pressure of small and medium -sized enterprises, and provided strong financial support for promoting the stable development of regional economy.

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