Digital RMB guaranteed loan is established in Shijingshan, Beijing

Huobi HTX reported that recently, Beijing Shichuang Tongsheng Financing Guarantee Co., Ltd., which belongs to Beijing Shichuang Tongsheng Financing Guarantee Co., Ltd., joined hands with the Shijingshan Branch of Bank of China to successfully provide digital RMB loan support to Lingyu Technology Co., Ltd., marking the regional "government-bank-guarantee" cooperation model entering a new stage of digitalization. According to the "Several Measures for Supporting Financing of Small and Micro Enterprises with Special Funds for Inclusive Financial Development in Shijingshan District (Trial Implementation), enterprises that obtain loan funds for the first time through the form of digital RMB will be subsidized at 100% of the actual interest payment, and they can enjoy a subsidy of 50% of the guarantee fee, significantly reducing the financing costs of enterprises and further stimulating the vitality of market entities.