Under a timeshare model, each stall operator can use their respective spot at a different time of the day.
The bureau has created a detailed mechanism for the use of these roadside stalls. The mechanism, which specifies access and exit rules for stall operators, gives preference to impoverished households in granting access to the stalls and would punish those who disobey relevant rules and regulations.
Stall operators are required to carry with them their own trash can and clean up their respective spot after the end of business every day. Besides, all operators are not allowed to use loudspeaker or any other tools that could disturb residents living nearby.
Ran Yifu, a post-70s vendor from Z
This year, banks in Beijing have granted more than 80 billion yuan worth of first-time loans to over 34,000 new firms borrowing for the first time, said Li Mingxiao, director of the China Banking and Insurance Regulatory Commission's Beijing Office.
The country also strengthens innovative monetary policy tools to boost financing for small firms, with the loan extension tool expected to cover around 7 trillion yuan of inclusive loan principal to the firms, while the 400-billion-yuan re-lending quota expected to motivate local banks to issue around 1-trillion-yuan new inclusive credit loans to the firms.
Li Jianjun, a researcher with think tank Zhong Shang Zhi Ku, said that efforts should be made to expand financing channels for enterprises, providing long-term funds for production with loans while seeking for supplementary support from the bond and capital markets.
iyang, Sichuan province, shares a stall with Li Jian, a post-80s man from Jintang county of Chengdu.
Ran sells breakfast at the stall from 7:00 am to 11:00 am, and Li uses the spot to sell snacks after 11:00 am every day.
When time draws near 11:00 am, Ran packs up the plastic mat on the ground and cleans up the space before handing it over to Li.