Unemployed In Beijing Can Apply For Loans When Opening Online Shops

News Source: ChinaTechNews.com

According to the information from Beijing Labor Service Management Center, the Beijing Municipal Finance Bureau, the Beijing Municipal Labor and Social Security Bureau, and the Business Management Department of People's Bank of China have jointly announced plans to enlarge the coverage of discount loans applied for by Beijing's unemployed to assist them in starting their own businesses online.

The notice says that the coverage of discount loans will be increased from the former 19 sectors to more than 100 sectors in eight major industries, covering nearly all businesses and industries that are available for self-employed people. At present, the new rules and a list of these businesses have been published on bjjy.org.cn.

In addition, as a branch of retail sales, online shops are included in the discount loan program for the first time. Accordin...

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