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Hangzhou issued trust fund “Precious stone hill floating in rosy clouds”

Issuing
Issuing Ceremony of Precious stone hill floating i

Hangzhou issued a trust fund named as “Precious stone hill floating in rosy clouds” to support cultural and creative industries.

A new trust product-Hangzhou cultural creative industry trust fund named as “Precious stone hill floating in rosy clouds” has been issued in the Jan., 2009 .

The total amount of the initial “Precious stone hill floating in rosy clouds” fund is 60 million Yuan, which will offer 30 to 50 small and medium cultural creative enterprises trust loans with a loan rate of 8.39%.

The loan amounts range from 20000 Yuan to 8 million Yuan, with an average amount of 2.07 million Yuan per enterprise. The “lucky” chosen enterprises are in industries as follows: Information Services; Modern Media; Design Services and so on.

The trust product will lead more and more social powers to participate the cultural and creative industries.
 


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Sina English Brazil's Institute for Creative Economy People`s Daily Global Times Organization of the United States comedy show Danish Design Network CCCA
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