Shaanxi: Expand the range of interest support for entrepreneurship guarantee loans, raise the maximum loan amount, maximum interest rate and interest subsidy ratio.

Recently, the Department of Human Resources and Social Security, the Department of Education, the Department of Industry and Information Technology, the Department of Finance, the Department of Agriculture and Rural Affairs, the Administration for Market Regulation, and the People's Bank of China Shaanxi Branch jointly issued a document clarifying several measures to improve the quality of entrepreneurship support system. According to the policy, localities in Shaanxi can expand the scope of interest subsidies for entrepreneurship guarantee loans, increase the maximum loan amount, the maximum loan interest rate, and the interest subsidy ratio, gradually reduce or exempt the requirement for counter-guarantee, and support the expansion of entrepreneurship guarantee loans. For eligible entrepreneurship entities who hire difficult-to-employ individuals, graduates who have not been employed within the year of graduation or within 2 years of leaving school, and pay social insurance premiums for them, social insurance subsidies will be provided in accordance with relevant regulations in Shaanxi.