Beijing: Fully optimize the business environment by 2026 and improve the convenience of enterprise financing

The People’s Financial News, March 17 — The General Office of the Beijing Municipal People’s Government has issued the “Work Points for Fully Optimizing the Business Environment in Beijing by 2026,” including 28 key tasks for this year. Among them, it emphasizes improving the ease of corporate financing. It will leverage the support mechanism for small and micro enterprise financing, deeply implement the “Beijing Smooth Financing Project,” and promote the phased expansion of non-recourse renewal loans to medium-sized enterprises. The effort will increase the promotion of specialized and innovative loans, R&D loans, and park loans, encouraging banks to increase credit loans to technology-based, lightweight asset enterprises, and expand the scale of intellectual property pledge financing. It will promote the establishment of connection mechanisms between districts (including Beijing Economic and Technological Development Zone) and national-level funds, support the creation of new sub-funds through cooperation between national and district-level funds and social capital, and strengthen project matching and information sharing. The development of venture capital and equity investment institutions will be supported, with a “one-stop” window established for private equity service matters. The role of enterprise listing guidance mechanisms will be fully utilized, with in-depth efforts on the “Diamond Project” and “Yuying Plan,” to promote more eligible enterprises to list domestically and abroad for financing.