[Ferro-Alloys.com]The government of JinChang has developed a system which requires the municipal leaders and departments leaders to help key enterprises’ to coordinate essential production factors such as coal, electricity, gas and oil. The goal of the system is to assure that the key enterprises are in full-load operation.
The government has also helped local enterprises to communicate with banks. In this year, the direct financing for local enterprises has reached 7.5 billion Yuan.
Recently, the local government organizes 131 enterprises to contact 9 financial institutions and a 13.1 billion Yuan’s loan agreement has been signed. The loan agreement could effectively alleviate the shortage of funds among enterprises and helps all industrial enterprises to strength management and production. Electrolytic nickel, refined copper, iron, cement, fertilizer and other main products’ output grows steadily. JinChang city strongly promotes the strategy of "industrial strong city", and actively creates a good environment for the development of industrial enterprises. Therefore, industrial economy has maintained a sustained and rapid growth momentum. The city's above-scale industrial added value for the first 5 months of this year is 6.57 billion and achieves 19% growth rate.
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