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Chengdu will set up a 10 billion yuan company registered to help with the bailout fund – Daily Economic News –


2018-11-24 17:54:20 Source: Daily Economic News

Chengdu held a private economic development conference. The reporter was told at the meeting that Chengdu would establish a 10 billion yuan company that was registered to help the registered and actual controlling liquidity risk of the company. At the same time, Chengdu will also form a new economic development fund of 10 billion yuan to guide investment in the growth segment of new economic companies. In addition, a 10 billion yuan "Emergency Working Capital Fund" will be formed to provide short-term emergency turnover for private small and micro enterprises, and a 10 billion yuan local asset management company will help private companies to dispose of assets that are not perform.

(Source of article: Daily Economic News)

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