Zhejiang introduces ten measures to provide financial support for the high-quality development of individual businesses.

The Market Supervision Administration of Zhejiang Province, the Zhejiang Branch of the People's Bank of China, and the Zhejiang Financial Regulatory Bureau recently collaborated with relevant banking institutions to formulate 10 financial policies specifically to support the development of individual businesses. In response to the difficulty that individual businesses face in obtaining loan extensions, the "Measures" propose expanding the loan extension policy from small and micro enterprises to individual businesses. For individual businesses with financing needs after the loan is due or facing financial difficulties, financial institutions are encouraged to conduct early investigations and reviews for loan extensions, and provide support after passing the review. At the same time, making use of the "continuous loan + flexible loan" mechanism to meet the temporary and seasonal financial needs of individual businesses.