央行：截至6月末普惠小微贷款余额同比增长12.3%

Core Insights - The People's Bank of China (PBOC) is enhancing financial support mechanisms focusing on inclusive financing for small and micro enterprises, aiming to improve accessibility, inclusiveness, and convenience of financing [1] Group 1: Inclusive Financing for Small and Micro Enterprises - Inclusive micro and small loans have shown rapid growth, with a balance of 35.6 trillion yuan as of the end of June, representing a year-on-year increase of 12.3%, which is 5.2 percentage points higher than the growth rate of all loans [1] - The cost of financing for small and micro enterprises is decreasing, with the weighted average interest rate for newly issued loans at 3.48% in June, down 12 basis points from March and 66 basis points from the same period last year [1] - The proportion of credit loans within inclusive micro and small loans has increased to nearly 30%, up 0.7 percentage points from the end of the previous quarter, enhancing financing convenience [1] Group 2: Support for Technology-Based Small and Medium Enterprises - The PBOC is intensifying support for small and medium-sized enterprises, particularly technology-based ones, with a loan balance of 3.5 trillion yuan as of the end of June, reflecting a year-on-year growth of 22.9% [2] - A total of 274,000 technology-based small and medium enterprises have received loan support, with a loan acquisition rate of 50% [2]