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Taizhou Port EDZ boosts innovation, finance for businesses

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etaizhou.gov.cn|Updated: April 26, 2024

The Taizhou Port Economic Development Zone – located in Taizhou city in East China's Jiangsu province – held a special event on April 18 aimed at outlining available innovative credit policies and enhancing financial support for businesses.

The event – sponsored by the Taizhou Science and Technology Bureau and the Taizhou branch of Nanjing Bank – attracted participants from various organizations along with representatives of 23 companies based in the EDZ.

The meeting highlighted the importance of financial institutions in paving the way for sci-tech innovation. It underscored the imperative for continued efforts to be made to innovate financial products and services, streamline credit processes and increase support for businesses.

During the event, a range of financial products and services were introduced to the participating companies. These included Sukedai Loans, Innovation Points Loans and the Taizhou Angel Investment Fund.

On top of that, representatives from Nanjing Bank and China Life Property & Casualty Insurance Co Ltd presented insights into tailored solutions for the challenges being faced by businesses in the region.

Moving forwards, the Taizhou Port EDZ aims to continue serving as a platform for government-bank-enterprise collaboration.

It plans to explore innovative paths for providing comprehensive financial services and to boost support for scientific and technological innovation, thereby bolstering the stable development of its resident enterprises.

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