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The General Office of the People's Government of Yunnan Province issued the “Implementation Plan to Regulate the Construction and Operation of Stock Projects for Government and Social Capital Cooperation”. Among them, it was mentioned that financial support should be strengthened. The Provincial Department of Finance has taken the lead in establishing a coordination and communication mechanism between the government and financial institutions to coordinate and resolve project financing issues, and promote financial institutions to cut interest rates and extend PPP stock project loans in accordance with the principles of marketization and legalization. For projects that have already signed a loan agreement, financial institutions must comply with the law and promptly issue loans in accordance with the project capital requirements and on the premise that the loan conditions are met and the risk is manageable. For projects that have not signed a loan agreement, credit conditions such as loan size, interest rate, term, and collateral should be reasonably determined on the basis of thorough due diligence. To optimize the credit approval process, loans must not be suspended, cut or terminated for no reason, and local governments or relevant departments must not be required to issue promises or supporting documents.

Zhitongcaijing·12/10/2025 02:57:03
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The General Office of the People's Government of Yunnan Province issued the “Implementation Plan to Regulate the Construction and Operation of Stock Projects for Government and Social Capital Cooperation”. Among them, it was mentioned that financial support should be strengthened. The Provincial Department of Finance has taken the lead in establishing a coordination and communication mechanism between the government and financial institutions to coordinate and resolve project financing issues, and promote financial institutions to cut interest rates and extend PPP stock project loans in accordance with the principles of marketization and legalization. For projects that have already signed a loan agreement, financial institutions must comply with the law and promptly issue loans in accordance with the project capital requirements and on the premise that the loan conditions are met and the risk is manageable. For projects that have not signed a loan agreement, credit conditions such as loan size, interest rate, term, and collateral should be reasonably determined on the basis of thorough due diligence. To optimize the credit approval process, loans must not be suspended, cut or terminated for no reason, and local governments or relevant departments must not be required to issue promises or supporting documents.