PSBC(SH:601658) Jin Rong Shi Bao·2025-06-27 06:22Core Viewpoint - The new policy support for inclusive finance aims to enhance the quality and accessibility of financial services, particularly for underserved sectors and regions, through a comprehensive development plan outlined in the "Implementation Plan" [1][4]. Group 1: Policy Framework - The "Implementation Plan" includes six parts and 16 measures focusing on optimizing the inclusive financial service system, strengthening inclusive credit systems, and enhancing insurance frameworks [1]. - The plan emphasizes the establishment of a high-quality inclusive financial system within five years, aiming for broader coverage, improved accessibility, and enhanced service quality [4][5]. Group 2: Development Goals - The plan sets specific targets for inclusive financial services, inclusive credit, and inclusive insurance, including maintaining full coverage of basic financial services and optimizing credit structures [5]. - It aims to provide affordable and sustainable financial products, particularly for small and micro enterprises, while improving insurance services for key areas [5][9]. Group 3: Institutional Support - The plan encourages the establishment of specialized departments within large banks for inclusive finance and supports local banks in focusing on rural and small enterprise financing [7][8]. - It calls for a multi-tiered, widely accessible, and sustainable financial institution system to better serve diverse financial needs [7]. Group 4: Credit System Enhancement - The plan proposes incentives for small and micro enterprises, including reduced risk capital weight for loans and a tolerance for higher non-performing loan rates [9]. - As of the first quarter of this year, the loan balance for private enterprises reached 76.07 trillion yuan, a year-on-year increase of 7.41%, while loans for inclusive small enterprises reached 35.3 trillion yuan, growing by 12.5% [9]. Group 5: Support for Private Enterprises - The plan includes measures to strengthen credit support for private enterprises, ensuring equitable access to financial services and protecting their rights [10].