Sichuan: Guide social capital to invest early, invest small, invest long-term, and invest in hard technology. Actively seek investment from national-level funds in Sichuan and the establishment of sub-funds.
The Sichuan Provincial Department of Economy and Information Technology recently officially issued the "Work Plan for Promoting the Development of Small and Medium-Sized Enterprises in Sichuan Province." The Plan makes clear that the province will thoroughly implement the "Sichuan Province Key Industrial Chain Financial Chain Chief System" and carry out targeted services according to "one chain, one dedicated financial service plan." It will build a "one chain, one lead fund" industry-finance coordination system and guide social capital to invest early, in small enterprises, for the long term, and in hard technology. It will actively seek investment in Sichuan by national-level funds and their establishment of sub-funds. Relying on platforms such as "Chuan Yi Dai," it will collect and push enterprise financing needs and continue to carry out activities such as "building circles and strengthening chains" financing matchmaking meetings, the "one month, one chain" investment and financing roadshows for specialized, refined, distinctive, and innovative enterprises, and "entering the exchange" activities for enterprises planning to go public. The Plan proposes that during the "15th Five-Year Plan" period, the balance of inclusive small and micro loans will grow by 15% annually on average.
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