A financing guarantee product developed by Beijing E-Town International Financing Guarantee Co (E-Town Financing Guarantee) won an excellence award for sci-tech, cultural, and creative products at the 2019 China Guarantee Summit Forum held on July 11.

The award was given by the China Financing Guarantee Association.

Co-developed by E-Town Financing Guarantee and the High-level Talent Service Center of the Beijing Economic-Technological Development Area (BDA), E-Town Talents aims to strengthen the role of finance in attracting high-level talents nd technological innovation in the BDA, and reduce loan expenses for enterprises in the BDA by about 40 percent.

E-Town Financing Guarantee has already provided credit loan guarantee services of 70 million yuan ($10.18 million) for 14 enterprises in the BDA.

E-Town Financing Guarantee will continue to work with the BDA’s center for talented workers to learn about the financial needs of people starting businesses. It will work to improve the integration of resources and promote financial services to help companies solve practical problems and continue to grow steadily.

A list of the sci-tech, cultural, and creative products to win excellence award is released at the 2019 China Guarantee Summit Forum on July 11. [Photo/etowncapital.com]

An award certificate is granted to Beijing E-Town International Financing Guarantee Co [Photo/etowncapital.com]