Core Viewpoint - The recent Central Financial Committee meeting emphasized the need to advance the construction of a unified national market, with banks playing a crucial role in supporting enterprises to move away from low-price competition and enhance product quality [1] Financial Precision Empowerment - Low-price competition is a persistent issue hindering the development of certain industries in China, leading to profit sacrifices and quality declines [1] - Banks are optimizing credit resource allocation to guide enterprises towards investing in technological innovation and product upgrades, exemplified by the "Certification Loan" product from Bank of China, which links credit limits to quality certification results [2] - As of May, the Bank of China’s Luoyang branch provided 66.5 billion yuan in credit support to nearly 10,000 private enterprises, with over 30% of the funds directed towards certified quality enterprises [2] - Banks are also utilizing supply chain financial services to help core enterprises enhance supply chain stability and efficiency while providing financing support to upstream and downstream SMEs [2] - Differentiated credit policies are recommended, where banks could raise credit approval thresholds for companies relying on low-price competition while offering favorable terms to those focusing on innovation and quality [2][3] Promoting Industrial Upgrading - Product quality is vital for enterprise development and is a key support for the construction of a unified national market [4] - In Chongqing, the Bank of China provided 4.5 million yuan in loans to two processing enterprises in the local food industry to upgrade equipment and optimize processes, resulting in a 30% improvement in product uniformity [4] - The banking sector is supporting green transformation through green credit and bonds, aiding enterprises in energy conservation and resource recycling projects [4][5] - Collaboration with industry associations and research institutions is being pursued to provide technical support and consulting services to enterprises [4] Quality Improvement Initiatives - Banks are encouraged to provide long-term stable funding for quality improvement projects, addressing financial bottlenecks for enterprises [5] - Partnerships with quality testing and certification agencies are suggested to offer one-stop services for enterprises to enhance product quality [5] - Development of green financial products is essential, with banks urged to issue green bonds and optimize green credit systems to support projects in energy conservation and resource recycling [5]
摒弃低价无序竞争 促进高质量发展——银行业积极投身全国统一大市场建设