CTG’ asset management arm waives over RMB 13 mln rent to small businesses

from:China Three Gorges Corporationdate:2020-03-23

CTG’ asset management arm waives over RMB 13 mln rent to small businesses-1

Three Gorges Asset Management Co. Ltd, the asset management arm of China Three Gorges Corp (CTG), has developed a rent reduction program and waived over RMB 13 million rent to small, medium and micro-sized businesses, benefiting 322 tenants in Beijing, Shanghai, Hubei, Guangdong, Jiangsu, Hainan and other provinces.

Experts said that rent relief is an effecitve move which will help small, medium and micro-sized enterprises ride out the coronavirus epidemic.

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