CHONGQING (CQNEWS) -- In order to enhance the financial service for the city’s real economy, Chongqing Municipal Government, Hua Xia Bank and Chongqing Share Transfer Center (CSTC) signed the Strategic Cooperation Agreement on SMEs Financial Service on July 8, 2013.

The main content is as follows: Hua Xia Bank is to grant a credit of 10 billion yuan to CSTC; to promote financing products and other asset transactions of 10 billion yuan in total; to increase the credit for 100 listed enterprises; Hua Xia Bank shall recommend 100 more listed enterprises; and 100 more enterprises to be listed in CSTC. Based on the advantages of governmental organization, bank financial service, and capital market intermediary, the 3 parties will forge platforms of financing, pricing and cultivation for SMEs (small and medium-sized enterprises), help those enterprises to expand financing channels and the direct financing scale, and boost various financing innovations, so as to promote the fast and standard development of Chongqing’s SMEs.