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Tianjin Port Free Trade Zone Initiates Inclusive Finance Projects to Promote Development of Parallel Automobile Import Enterprises

In order to thoroughly apply and carry through the guidelines on inclusive finance issued by the 19th CPC national congress, Tianjin Port Free Trade Zone actively built platforms and promoted link-up between banks and enterprises. At present, Tianjin Pilot Free Trade Zone Branch of China Construction Bank and Sailing International Automobile City have initiated a bank-enterprise financing project, in which the Branch of China Construction Bank will offer credit loans for about a hundred parallel automobile import enterprises in Sailing Automobile City. So far, 25 enterprises in the automobile city have signed contracts with the bank, and 5 enterprises have received credit loans of about RMB 6 million.

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