The Ministry of Commerce and nine other departments: Support qualified new and high-quality retail enterprises to list publicly

People’s Finance News, July 9—Nine departments including the Ministry of Commerce issued an opinion on accelerating innovation-driven development in the retail sector. It proposes: supporting eligible new and high-quality retail enterprises to list. Supporting eligible retail operating entities to issue asset-backed securities and commercial real estate investment trusts. Supporting financial institutions to introduce industry credit policies tailored to the characteristics of the retail industry. Promoting eligible retail operating entities to benefit from the loan interest subsidy policy for service sector operating entities. Supporting eligible consumer infrastructure projects such as department stores, shopping malls, community businesses, and agricultural product markets to issue real estate investment trusts in the infrastructure sector. On the premise of lawful compliance and risk controllability, increasing financial support for facilities and equipment energy-saving, carbon-reduction, and digital transformation.

(Edited by Wen Jing)

Keywords: Retail enterprises