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Jiading establishes service platforms for private firms

( chinadaily.com.cn ) 2019-01-30

Jiading district has established three service platforms to help private companies raise funds and promote industrial transformation and development.

They are the Big Data Service platform for Industry and Finance Integration, the Technological Transformation Financing Platform and the Robin Intellectual Property Banking Service Platform.

Last August, Jiading cooperated with China Construction Bank to establish a financing platform for technological transformation projects.

Through the platform, enterprises can get a credit loan of 50 to 80 percent of the total technology transformation investment at a preferential interest rate.

Xianghua Electronic Technology (Shanghai) Co Ltd raised 200 million yuan ($29.4 million) through its technical transformation projects of SiP tests and the Flip Chip camera module. So far, the platform has loaned a total of 543 million yuan to six different projects.

The Big Data Service platform for Industry and Finance Integration is able to offer 89 varied financial products, allowing enterprises to choose suitable products to suit their specific circumstances.

The platform can match the demands of enterprises with various financial products and has to date served 1,098 enterprises in cooperation with 31 financial institutions.

MAIL TO DISTRICT CHIEFzxi@jiading.gov.cn

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Jiading Fahua Pagoda

The Fahua Pagoda, 40.8 meters tall, is a square, brick-wood structure with seven stories, accessible by ladders.