So far this year, the cash flow of enterprises has been particularly tight due to the pressure from reduced market and increased costs. Zhongshan has actively implemented the "Six Stabilities and Six Guarantees" policy to guide the banking and insurance industry within Zhongshan to increase available financial support, stabilize enterprises and ensure employment, ensure the stable investment of credit funds in the real economy, and help enterprises tide over difficulties.

According to the China Banking and Insurance Regulatory Commission sub-office, Zhongshan's loans for the real economy increased by 60% year on year in the first half of this year, accounting for nearly 80% of all new loans. In order to help enterprises tide over difficulties, Zhongshan's banking institutions have taken advantages of policies such as deferred repayment of capital with interest and special refinancing to assist micro and small enterprises. To ease the adverse impacts of the epidemic overseas on trade, Zhongshan's banking institutions have further expanded their financial services for foreign trade enterprises.

At the end of June, the balance of infrastructure construction loans in Zhongshan was 19 billion yuan, an increase of 30% from last year, of which the total amount of credit related to "intelligent transportation" construction in Tsuihang New District was 1.5 billion yuan. In June, the amount of engineering insurance coverage increased by 34% from last year, fully supporting the construction of engineering projects.

The China Banking and Insurance Regulatory Commission sub-office said that as enterprises speed up production resumption, financial support for the real economy will be sustained in the second half of the year. The office will also provide sufficient capital flow for further development of the real economy.