Guaranteeing loans for risky startups
Subscribe to keep reading.
Trivium Tech keeps you briefed on the latest developments in China tech policy.
Already a subscriber? Log in.
Chinese tech startups will have an easier time borrowing money.
On Thursday, People's Daily reported that the Ministry of Finance (MoF) will launch a loan guarantee program for tech startups via the National Financing Guarantee Fund (NFGF).
Some context: The NFGF was established in 2018 to enhance...