Liuzhou Responds to "Government Subsidies Not in Place": Strive to gradually complete the payment of rewards and subsidies within three years.
According to the recent announcement on the official website of the government of Liuzhou City, Guangxi, the local government is striving to gradually fulfill the unpaid industrial enterprise subsidy funds within three years. Earlier, some members of the city's political advisory body proposed in the "Suggestion Proposal on Transforming Inadequate Government Subsidies into Bank Loans for Enterprises" that various levels of departments in Liuzhou City have formulated a package of subsidy policies in accordance with national policy requirements, and hundreds of companies have benefited from these policies. It is estimated that there are tens of billions in subsidy funds, but the funds have not been disbursed to the companies in a timely manner. Therefore, it is suggested that the government issue policies to promote banks to provide unsecured loans to subsidized companies, and once the government subsidies are in place, the banks can directly deduct the amount, and the companies will no longer bear the interest.
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