The Ministry of Economic Affairs reported to the Executive Yuan today that in the post-epidemic special bill, it is related to measures to assist the transformation and upgrading of small and medium-sized enterprises.

(file photo)

[Reporter Zhong Lihua/Taipei Report] The Ministry of Economic Affairs reported to the Executive Yuan today that in the post-epidemic special bill, it is related to measures to assist the transformation and upgrading of small and medium-sized enterprises.

The Ministry of Economic Affairs proposed a special loan for post-epidemic revitalization. The maximum loan amount for small and medium-sized enterprises is 35 million yuan, and they can borrow new ones to repay old ones.

The Ministry of Economic Affairs pointed out that the low-interest loan interest rate for small and medium-sized enterprises is up to 1.97%, and the subsidized interest rate is up to 1.47%. The subsidy amount is 500,000 yuan per year.

For enterprises with less than 5 employees and loan recipients with only tax registration business, the maximum loan amount is 4 million yuan, the interest rate is 1.47% within 1 million yuan, 1.97% for more than 1 million yuan, and the maximum subsidy interest rate is 1.47%. 120,000 yuan for 2 years.

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The Ministry of Economic Affairs explained that the relevant plan is to provide liquid working capital for manufacturers with capital needs, provide capital and revolving expenditure loans for small and medium-sized businesses that are engaged in transformation, and assist small and medium-sized businesses to improve their competitiveness and resume operations during the post-epidemic revitalization period Prosperity.

Premier Chen Jianren said in the meeting that since the outbreak of the epidemic in 2020, the world's economy and industries have been greatly affected. Many small and medium-sized enterprises and small stalls are still severely affected by the epidemic. Strong support from the government is needed to overcome this recession as quickly as possible.

He also specifically instructed the Ministry of Economic Affairs to make comprehensive use of relevant resources to fully guide and assist these affected industries, so that everyone can stabilize operations, retain talents, and move towards transformation and upgrading.

Chen Kui said that the Government Council had proposed special post-epidemic regulations in the middle of last month, and the government is also intensively reviewing the contents of various plans. Today, the Ministry of Economic Affairs will first report on "promoting the upgrading and transformation of industries and small and medium-sized enterprises".

Afterwards, we will report to the public on other plans one by one.

Chen Kui pointed out that the post-epidemic special budget will be used in industrial transformation and upgrading, including "assisting manufacturing and business service industries to promote smart and low-carbonization", "developing lively business districts, characteristic streets and markets", "assisting small and medium-sized enterprises to expand sales” and “counseling factories to legalize, comply with environmental protection and public security standards, and improve infrastructure”, etc. In addition, they will also provide special loans for “post-epidemic revitalization” and “transformation development”.

At the same time, in October last year, the Executive Yuan also approved the "Proposal to Improve the Overall Competitiveness of Small and Medium-sized Enterprises". It is estimated that nearly 100 billion yuan will be invested in five years to guide enterprises in digital transformation, adjust their operating models, and strengthen industrial technology management capabilities and sustainable productivity.

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