Digital Renminbi guarantee loans land in Shijingshan District, Beijing, with discounted interest rates and guarantee subsidies to reduce enterprise financing costs.

Reporters learned from the Financial Office of Shijingshan District that recently, Beijing Shichuang Tongsheng Financing Guaranty Co., Ltd., a subsidiary of Jingshi Wenyu Tourism, and the Shijingshan Branch of Bank of China successfully provided digital RMB loan support to Lingyu Technology Co., Ltd., marking the regional "government-bank guarantee" cooperation model entering a new digital stage. According to the "Shijingshan District Special Fund Support Measures for Inclusive Financial Development of Small and Micro Enterprises (Trial)", for the first time, enterprises obtaining loan funds in the form of digital RMB will receive a 100% interest subsidy based on the actual interest paid, and can also enjoy a 50% subsidy on the guarantee fee, significantly reducing the cost of corporate financing, further stimulating the vitality of market entities.