Guanshanhu's modern service pilot zone helps companies resolve financing issues

In the first half of this year, the Guanshanhu Modern Service Industry Pilot Zone in Guanshanhu district of Guiyang, the capital of Southwest China's Guizhou province, has helped companies resolve their financing needs.

The pilot zone has created a comprehensive financial service platform online called Guanguan Huirongtong, which helps small and micro enterprises solve problems related to difficult and expensive financing.

During this period, the Guanguan Huirongtong platform has helped to upgrade 88 financial products from 18 financial institutions through the integration of more data. It has also completed 15 online matchmaking cases to help firms secure sufficient funding, and resolved financial issues equivalent to 27.12 million yuan ($3.72 million).

The platform has also onboarded 502 new users, mostly SMEs, since the start of the year.

Moreover, the pilot zone held 23 activities from January to June, such as salons, roadshows, training sessions, and dialogue exchanges. It has facilitated strategic cooperation agreements between six financial institutions and enterprises.

The zone has also made full use of Guanshanhu Fund Town to build a more efficient government-finance-enterprise cooperation model.

As of the end of June, the town has attracted 35 fund companies, and invested in 358 projects.