Currently, Sichuan Provincial Department of Finance and other four departments have released a notice which aims to establish a credit risk compensation mechanism for technical small and medium-sized enterprises. Sichuan will provide credit risk compensation mechanism from banking and financial institutes for technical small and medium-sized enterprises.

　　The notice has specified to encourage governments of cities (prefectures) and counties (districts) to provide risk compensations for technical small and medium-sized enterprises in their own region through funds or direct shouldering. The fiscal departments of cities (prefectures) and counties (districts) are responsible for auditing loan damages and providing subsidiary based on agreements. While provincial fiscal departments will provide 50% of the subsidiary which cities (prefectures) or counties (districts) provide.

　　Technical small and medium-sized enterprises with over 5% of technical talents which this policy benefits mainly cover industries engaged in research, development, producing and serving enterprises of high-tech products.