Xifeng helps businesses overcome challenges

Since the beginning of this year, Xifeng county has offered business services directly to companies, focusing on policy support, problem-solving, order acquisition, financing, and cost reduction to address development needs.

For example, Guiyang Greensun Gypsum Co received a 2 million yuan ($297,553) loan shortly after reporting its financing needs to the local government in April. So far, the county has helped 18 companies secure 34 loans totaling 284 million yuan through government-financial institution-business matchmaking, as well as providing guarantees to 54 businesses worth 111 million yuan.

Xifeng has also established a tiered business cultivation system and conducted more than 200 visits to over 140 business entities. Through its business service platform, the county has collected 120 requests, including those related to declining hotel occupancy and the promotion of specialty food brands, with 99 already resolved.

A staff member from the Xifeng county bureau of industry and information technology publicizes policies benefiting enterprises. [Photo/xifeng.gov.cn]