Zhongguancun-based medium, small and micro-sized technology enterprises now can enjoy government's preferential subsidies and receive financial and capital support from investment and financing institutes.

Chengfu Road sub-branch of Minsheng Bank provided financial services for over 600 small and micro clients with more than 1 billion yuan ($163.2 million) small loan balance and 160 million yuan small saving, through cooperation with financial office and listing office of Haidian district.

Technology and Financing Research Institute, founded by the bank's Chengfu Road sub-branch and financial office, has conducted cooperating study on 120 thousand high-tech enterprises in Haidian district. Based on the study, Minsheng Bank has created a mutual fund for Zhongguancun-based innovative micro- and small-sized technology enterprises.

The guarantor for the fund is Beijing Haidian District Technology Enterprise Guarantee Ltd who has undertaken guarantee business for several years and gathered rich experiences. Since its launch in September 2009, the fund has issued loans of 120 million yuan.

Edited by Chen Zhilin and Micheal Thai