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The reporter saw at the opening site of the 12th batch of state-organized drug centralized procurement tenders that financial institutions such as the Bank of China, China Export Credit Insurance Company, China Merchants Bank, SPD Bank, and the Bank of Shanghai, as well as institutions such as the China Drug Price Registration System, set up service booths on site to introduce relevant services such as “collection loans,” “BD loans,” “pipeline R&D loans,” and “drug price registration” to participating companies. Staff at the scene told reporters that after being selected, some enterprises, especially those selected for the first time, may face short-term capital turnover pressure. Interest rates on related loan products can be as low as 3%, which will ease the financial pressure on enterprises.
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The reporter saw at the opening site of the 12th batch of state-organized drug centralized procurement tenders that financial institutions such as the Bank of China, China Export Credit Insurance Company, China Merchants Bank, SPD Bank, and the Bank of Shanghai, as well as institutions such as the China Drug Price Registration System, set up service booths on site to introduce relevant services such as “collection loans,” “BD loans,” “pipeline R&D loans,” and “drug price registration” to participating companies. Staff at the scene told reporters that after being selected, some enterprises, especially those selected for the first time, may face short-term capital turnover pressure. Interest rates on related loan products can be as low as 3%, which will ease the financial pressure on enterprises.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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