2 1 Shi Ji Jing Ji Bao Dao·2025-05-30 11:50Core Viewpoint - The People's Bank of China, along with other financial regulatory bodies, has launched a comprehensive financial policy package aimed at stabilizing the market and expectations, with a focus on enhancing consumption, supporting foreign trade enterprises, and promoting technological innovation [1][2]. Group 1: Policy Implementation - Multiple local financial regulatory departments are convening meetings to ensure the effective implementation of the new financial policies [2]. - The Zhejiang branch of the Bank of China plans to introduce 20 measures across eight areas to implement the financial policy, focusing on technology, foreign trade, and consumption [2]. Group 2: Financial Targets - The Zhejiang branch aims for a net increase of 10 billion yuan in technology finance loans by 2025, with a total of 17 billion USD in cross-border financing for private enterprises, 10 billion yuan in personal credit consumption loans, and 160 billion yuan for small and micro enterprises [2][4][6]. Group 3: Support for Technological Innovation - The Zhejiang branch has launched the "Shan Ke Accompanying Plan" to enhance its technology finance service system, aiming for a net increase of 10 billion yuan in technology finance loans by 2025 [3]. - As of the end of 2024, the bank served 30,712 technology enterprises with a financing balance of 367.4 billion yuan [3]. Group 4: Foreign Trade Support - The bank has introduced special support policies for foreign trade, including flexible repayment arrangements and financial advisory services to alleviate the financial pressures on foreign trade enterprises [4]. - The goal is to achieve a total of 17 billion USD in cross-border financing for private enterprises by 2025 [4]. Group 5: Consumer Loan Initiatives - The bank plans to issue over 10 billion yuan in personal consumption loans this year, with additional subsidies for consumer incentives [6]. - A consumption loan doubling plan will target new citizens and college graduates, with increased loan limits and extended terms [6]. Group 6: Support for Small and Micro Enterprises - The bank will implement a no-repayment renewal policy for small and micro enterprises, aiming for a cumulative credit amount of 180 billion yuan and a cumulative loan amount of 160 billion yuan by the end of 2025 [7].