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The Beijing Municipal Commission of Finance and Economics has recently reviewed, approved, and released the "Key Work Points for Advancing the Healthy and High-Quality Development of the Private Economy in Beijing in 2025." The document outlines measures to bolster credit support for private enterprises, particularly by reinforcing assistance for initial loans, loan renewals, and credit facilities tailored for small and micro-enterprises. Furthermore, it mandates local government-funded financing guarantee institutions to offer guarantee services specifically for small and micro-enterprises, with a cap on individual guarantee amounts set at 10 million yuan. To alleviate the financing burden on private enterprises, a key initiative involves extending the maturity period of working capital loans to 10 years.
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