The Changchun Jingyue High-tech Industrial Development Zone has started a financial service model featuring groups and commission this year to promote the in-depth integration and comprehensive development of finance and industry sectors.

A financial industry bureau was established last year, and has been tasked with "serving the real economy, enriching financial formats, preventing and controlling financial risks".

In 2020, the bureau helped enterprises tide over difficulties brought by the COVID-19 pandemic and the global economic downturn via financing work, online inspection and field visits. It collected financing demand through extensive and deep-going surveys based on WeChat groups, sub-districts, and industry and commerce departments.

To date, 16 financing communication activities of different industries have been held, and loans of more than 100 million yuan ($15.44 million) have been lent to micro and small-sized enterprises in the zone.

According to the Northeast Asia Financial Service Center, the Changchun Jingyue High-tech Industrial Development Zone has speeded up the construction of business carriers and financial clusters.

The zone has gathered more than 20 headquarters-type financial resources such as the headquarters of Northeast Securities, Jilin Branch of Industrial Securities, Jilin Branch of Jianghai Securities and Jilin Branch of China Life, and has formed three major industrial financial groups, namely FAW Finance, Forest Industry Finance and Jilin Agricultural Investment Group.

The zone is planned to build an integrated platform with the joint participation of the government, high-quality enterprises, research institutions and financial institutions to realize resource sharing and to help regional economic development.