We learned from the Chongqing Municipal Human Resources and Social Security Bureau that Chongqing implemented the reform of the business guarantee loan management mechanism. The processing time for this loan was reduced by more than 70%, and the processing time for the entire process was shortened from the original 14 working days to less than 4 working days. This move will effectively benefit entrepreneurs and small and micro enterprises, and help solve financing problems.
重庆：创业担保贷款办理时长压减逾七成
Chongqing: The processing time for guaranteed loans to start a business has been reduced by more than 70%
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