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On October 29, 2026, the Jiangsu Provincial Department of Industry and Information Technology, together with the Jiangsu Branch of Bank of Communications, launched the "Manufacturing Token Loan" special financing service product. The product uses enterprises' localized Token deployment, usage, and management system development level as the core evaluation basis for credit line increases, focusing on supporting manufacturing enterprises that have implemented the four major Token application scenarios of production rigidity, operational optimization, planning and decision-making, and R&D simulation, as well as leading-level, excellence-level, and advanced-level smart factories. According to a smart city industry analysis report, fixed asset loans can reach up to 80% of the total project investment, with a maximum term of 10 years, and the interest rate for leading-level smart factories generally does not exceed LPR-20BP. No subsequent progress has been disclosed at present.
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- Source:Smart City Industry Analysis
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Oct 29
Smart City Industry Analysis
Jiangsu Industry and Information Technology Department and Bank of Communications Launch "Manufacturing Token Loan" Special Financial Product
The Jiangsu Provincial Department of Industry and Information Technology, together with the Jiangsu Provincial Branch of Bank of Communications, has launched the "Manufacturing Token Loan," which uses enterprises' Token localization deployment, usage, and management system development level as the core evaluation basis for credit line increases. The product focuses on supporting manufacturing enterprises that have implemented the four major Token application scenarios—production-rigid, operational optimization, planning and decision-making, and R&D simulation—as well as leading-level, excellence-level, and advanced-level smart factories. Fixed asset loans can reach up to 80% of the total project investment, with a maximum term of 10 years; for leading-level smart factories, the interest rate generally does not exceed LPR-20BP.