Shandong raises 20 million yuan to support cultural and tourism industry

According to Shandong Provincial Department of Finance,it has raised 20 million yuan to provide discount loans to support 23 key cultural and tourism projects, including Jinan Huayi Brothers Film City, Jining Nishan Holy Land, and Qihe Museums of Dezhou, in order to help cultural tourism enterprises to relieve difficulties and solve problems, and promote the recovery and development of cultural and tourism industry in the province.

Since last year, Shandong has allocated discount loan subsidies of 45.64 million yuan, supported 43 projects, and leveraged financial social capital of nearly 20 billion yuan, which have effectively eased the financial pressure of key cultural enterprises and promoted the high-quality development of the province's cultural tourism industry.