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The Shandong Provincial Department of Finance has recently unveiled a series of policies aimed at fostering the high-quality development of the private sector. These policies include a plan to directly invest over 36 billion yuan within the next three years, which is anticipated to catalyze financial and social investments exceeding 2 trillion yuan. The initiatives encompass a broad spectrum of measures, focusing on bolstering financing availability and preventing payment delays. These steps are designed to streamline the financing process for private enterprises, lower their costs, and strengthen the governance of government expenditures to ensure the effective implementation of policies. Collectively, these measures are expected to inject a significant boost into the private economy.
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