Ningbo Municipal Bureau of Human Resources and Social Security issued "Detailed Rules for the Implementation of Ningbo Venture Guarantee Loan": China citizens, Hong Kong, Macao and Taiwan personnel with good personal credit records within working age and foreigners with permanent residence permits can apply for venture guarantee loans within five years after establishing business entities for the first time within the administrative area of this Municipality.

Within the administrative area of this Municipality, China citizens, Hong Kong, Macao and Taiwan personnel who are of working age and have a good personal credit record, and foreigners who hold permanent residence permits for foreigners, may apply for business guarantee loans for the first time in five years.