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blank.gif (49 bytes)19/01/1999, updated at 16:00        blank.gif (49 bytes)weather.gif (982 bytes)archive.gif (946 bytes)search.gif (947 bytes)

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Six Science and Technology Enterprises Given Loan Guarantee

  The fact that six new technological enterprises signed loan agreements with Shuangxiu sub-branch of Beijing Commercial Bank signifies the substantial progress made in the risk guarantee business for the new high- tech enterprises in the Beijing Experimental Zone.

  This risk guarantee fund was established last November. After careful preparation and assessment , six guarantee projects in the first group were approved.

  It is reported these six enterprises will receive a total of 5.7 million yuan in loans. All these projects carry the features of high-tech, high-added value and good market prospects.

  

HomeNews 1999-01-19 Page5

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