07 February 2020 – Guaranteed loans for entrepreneurs infected with COVID-19

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Intervention Categories: Finance policy and financial aid; Stimulus packages and financial support
Level of Jurisdiction: National

Overview: The Ministry of Finance announced that a guarantee loan for entrepreneurs infected with COVID-19 will be extended for one year. Those entrepreneurs will also continue to be eligible for a discount of 50 percent of commercial interest rates charged to businesses.
Full details here: http://www.scio.gov.cn/xwfbh/xwbfbh/wqfbh/42311/42494/wz42496/Document/1672849/1672849.htm