In the first half of the year, financial institutions in Hubei Province granted a total of 140 billion yuan in credit to foreign trade enterprises.
According to the Hubei Financial Regulatory Bureau, as of the end of June, a total of 2713 foreign trade enterprises in Hubei Province have obtained loans through local mechanisms to support small and micro enterprise financing coordination work, with a total credit of 144.47 billion yuan, financing of 78.76 billion yuan, and an annualized interest rate of only 2.77%.
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