The State Council Office: support financial institutions to provide loan renewal support to qualified small and micro enterprises

The General Office of the State Council issued a circular on optimizing and adjusting employment policies and measures to promote the development of policies and measures to benefit the people's livelihood. The circular points out that financial institutions are supported to carry out job stabilization and job expansion services and loan business. Financial institutions are encouraged to extend loans to the real economy and small and micro enterprises that absorb a large number of jobs, have good job stability and have standardized employment, and support them in stabilizing and expanding their posts. We will support financial institutions to optimize the loan examination and approval process, reasonably determine the loan quota, increase credit and other support, and provide loan renewal support for qualified small and micro enterprises on the premise of compliance with the law and controllable risks.