Dongying's multiple initiatives encourage the development of the tire industry

A few days ago, Shandong Dongying Municipal Party Committee and Dongying City People's Government issued the "Tenying City's Ten Opinions on Supporting Industrial Economic Development." The reporter found that there are many opinions related to the development of the tire industry.

Expand the scale of industrial funds

It is reported that the city has decided to expand the scale of municipal-level industrial funds and strive to set up a total industrial investment fund of 500 billion yuan in three years.

Among them, Dongying City plans to set up a scale restructuring fund of 10 billion yuan to support mergers and acquisitions; to set up a company with a scale of 10 billion yuan in mergers and acquisitions of listed industry funds to support mergers and acquisitions.

Guangrao County established a new and old kinetic energy conversion fund with a scale of 10 billion yuan in the rubber tire industry to accelerate the transformation and upgrading of the rubber tire industry.

With the exception of Guangrao County, other counties and cities will also focus on leading industries. At least one leading industry fund with a scale of not less than RMB 3 billion will be established to promote the accelerated development of the industrial economy.

Cultivate leading enterprises

Dongying City decided to annually select “Top 50 Manufacturing Enterprises in Dongying City” and “Top 50 Enterprises in Manufacturing Industry Taxation in Dongying City”.

By 2020, the city will strive to cultivate 1-2 companies whose main business income exceeds 100 billion yuan, more than 10 companies that have exceeded 50 billion yuan, 20 companies that exceed 20 billion yuan, and companies that exceed 10 billion yuan. 50 homes.

As one of the pillar industries in Dongying City, the city is bound to have tire companies become leading companies in this round of resource integration.

Increase financial support

Dongying City stated that at both city and county levels, an enterprise emergency lending mechanism should be established.

It is necessary to strengthen the transformation and upgrading of rubber tires and auto parts industry, and the credit allocation of mergers and acquisitions to ensure the steady growth of credit supply.

At the end of 2017, the city established an emergency lending fund with a scale of 1 billion yuan, and Guangrao County established an emergency lending fund with a scale of no less than 500 million yuan.

According to industry insiders, Dongying City has set up an emergency lending fund, which is a good news for many tire companies that are currently in a “lack of money” state.

In addition, relevant departments in Dongying City will continue to maintain a high pressure on malicious debt-evading bank debts, and gradually establish a “red list” of trustworthy enterprises and a “black list” of malicious debt-evading debt companies.

Commercial banks need to maintain the continuity of credit supply. In case of violations of bank credit committee resolutions, unilateral loans, pressure loans, and loan off loans, the financial supervision department shall be punished according to law.

The city also encourages enterprises to expand industrial investment, implement mergers and acquisitions, reduce costs, and innovate through multiple means.

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