Shaanxi implements a package of loan interest subsidy policies to support the real economy

A notice issued jointly by the Shaanxi Provincial Department of Finance, the Provincial Department of Industry and Information Technology, and other departments on the implementation of a package of loan interest subsidy policies.

The notice requires that, for enterprises whose industrial registration category falls under the national economic industry classification “C Manufacturing,” loans used for purposes such as equipment procurement, technological upgrading, and science and technology research and development shall be eligible for interest subsidy support at a rate of 1.2 percentage points, with an interest subsidy period of 1 year; the total interest subsidy amount for a single filed project shall not exceed 12 million yuan.

For enterprises whose industrial registration category falls under the national economic industry classification “C Manufacturing,” that incur expenditures resulting from leasing equipment from financial leasing and finance leasing companies, interest subsidy support shall be provided at a rate of 1.2 percentage points, with an interest subsidy period of 1 year; the total interest subsidy amount for a single project shall not exceed 6 million yuan.