Notice of Issuing the Financing Service Plan for Supporting Small and Medium-sized Enterprise in Digital Transformation in Guangdong Province (Yue Gong Xin Gong Ye Hu Lian Wang Han [2024] No. 73)
12 November 2024
On 12 November 2024, the Department of Industry and Information Technology of Guangdong Province (“the authorities”) issued the “Notice of Issuing the Financing Service Plan for Supporting Small and Medium-sized Enterprise in Digital Transformation in Guangdong Province” (“the Plan”). The Plan announced that the Provincial Bank of China supports the financing needs of enterprises in digital transformation, and the maximum loan amount to be approved can be determined up to 80% of the funding needs of the enterprise, with maximum amount of up to RMB 10 million.