According to our correspondent Gao Jie, on December 9, 2015, the docking meeting among government, banks and enterprises was held in Xi'an High-Tech Industries Development Zone (or the High-Tech Zone for short); at the meeting, the High-Tech Zone signed an agreement on financial service cooperation with China Guangfa Bank (or CGB for short) with a view to giving a much-needed boost to the effort to better serve the large number of small- and medium-sized enterprises (SMEs) in the zone and so achieve the goal of inclusive finance. At the meeting, Xi'an branch of China Guangfa Bank (or the CGB Xi'an Branch) formally launched two co-branded credit cards, known as the "Guangfa • High-Tech Loan" card and the "China Guangfa Bank • Xi'an High-Tech Zone" card respectively.

Officials from government agencies and institutions such as the Shaanxi office of China Banking Regulatory Commission, Shaanxi Science and Technology Resources Center, the Bureau of Science and Technology of Xi'an City, the Management Committee of the High-Tech Zone, China Guangfa Bank, Xi'an Technology Resources Market, and the Shaanxi Branch of the People's Insurance Company of China, as well as representatives from nearly 200 SMEs in the zone attended the meeting. Zong Lexin, Vice President of China Guangfa Bank, attended the meeting and delivered a speech.

At the meeting, the director of the financial service office of the High-Tech Zone introduced the audience to the zone's progress in applying for favorable and supportive policies to small- and medium-sized enterprises, while China Guangfa Bank explained its portfolio of SME-oriented financial products and services.

According to sources, the credit card called "Guangfa • High-Tech Loan" is a product specially designed for SMEs in the High-Tech Zone. Employing a range of methods for getting guarantees, including purchase-order financing, putting something valuable in pledge, and using the service of a guarantee firm, the product provides medium- and short-term guarantees for businesses so that they may have their credit extended to up to RMB 30 million for a maximum period of 3 years; in fact, it allows its users to borrow and pay as they please and carry out many operations electronically online, and gives them the ability to extend their credit to a maximum of RMB 5 million. The "China Guangfa Bank • Xi'an High-Tech Zone" co-branded credit card is specially designed for the bank's SME clients in the High-Tech Zone. Incorporating a host of functions in a single card, including cash deposits and withdrawals, transfers and remittances, account management, funds management, fundraising and loans, it provides some value-added services like providing insurance coverage to the funds in a business's bank account and to an individual family assets and enjoy discount to purchase insurance.

After carefully studied the financial needs of the SMEs in the high-tech zone and taking the zone's existing policies on the support of its SMEs into account, the CGB Xi'an Branch has come up with a host of financial service solutions for businesses in various stages of development. As the two flagships of its products, the two credit cards will help the high-tech zone improve its ability to provide financial services to its SMEs.

The meeting aimed to make enterprises gain a better understanding of the favorable and supportive policies to small- and medium-sized enterprises in the high-tech zone and the application procedure, thus enabling enterprises to use credit and financial service platform and online application system more conveniently.

CGB has set up 227 "small enterprise financial centers" across the country to date, and issues loans to small and micro enterprises every year in order to support their development.

Deputy Director Wang Bin of the Management Committee of Xi'an High-Tech Industries Development Zone met with Zong Lexin, Vice President of China Guangfa Bank before the meeting.