National Film Fund Office: discount interest on loans to 3000 small and medium-sized cinemas in need

category:Finance
 National Film Fund Office: discount interest on loans to 3000 small and medium-sized cinemas in need


The loan interest rate should make full use of the national and local preferential policies, and the discount period should not exceed 12 months at most. Theaters can apply for loans through regular and legal financial institutions in accordance with relevant regulations. After being approved, theaters shall submit discount application to local film funding department. The provincial film special fund department shall review and determine the supporting projects in accordance with the regulations, implement the local interest subsidy funds, summarize and form an overall plan and submit it to the state film special fund office, and apply for the central film special fund interest subsidy funds. The provincial office will start the application for local cinemas by May 31, and complete the preparation of the local summary plan and the central level centralized application form for film subsidies by June 30. Source: Wang Xiaowu NF, editor in charge of cctv.com

The loan interest rate should make full use of the national and local preferential policies, and the discount period should not exceed 12 months at most. Theaters can apply for loans through regular and legal financial institutions in accordance with relevant regulations. After being approved, theaters shall submit discount application to local film funding department. The provincial film special fund department shall review and determine the supporting projects in accordance with the regulations, implement the local interest subsidy funds, summarize and form an overall plan and submit it to the state film special fund office, and apply for the central film special fund interest subsidy funds. The provincial office will start the application for local cinemas by May 31, and complete the preparation of the local summary plan and the central level centralized application form for film subsidies by June 30.