Xi'an High-tech Zone launches a new internet credit product "Orange E Tax Credit" with Ping An Bank to resolve the financing difficulties of the enterprises in the zone.

According to Xi'an Branch of Ping An Bank, the Management Committee of Xi'an High-tech Zone has recommended more than 200 modern enterprises in field of equipment manufacturing, electronic information, bio-medicine and new materials as "Orange E tax credit" target customers. 50 of them have already been approved. Loans totalling $6.58 million will be granted to the enterprises, of which, nearly $ 1 million loans were already issued on Dec. 22.