Chengdu will establish a 10-million-yuan-contributed company to support the bail-out fund – Daily Economic News – Hanfeng.com

Chengdu organized a private economic development. Reports Chengdu has created a company with a contribution of 10 million yuan to facilitate the liquidity risk of listed companies and real drivers. At the same time, Chengdu will also set a new economic development fund of 10 million yuan to drive investment in the economic growth segment. In addition, Emergency Labor Fund Fund will establish a 10 million-yuan scale for short-term emergency billing for small and micro-private enterprises and 10 million-yuan local asset management companies to dispose of inactive assets.

(Article Source: Daily Economy News)