Zhong Guo Jin Rong Xin Xi Wang·2025-09-10 13:10Core Insights - The Industrial and Commercial Bank of China (ICBC) Yulin Branch is actively implementing national and higher-level policies to support consumption recovery and expansion, focusing on providing financial assistance to small and micro enterprises in key service consumption sectors [1][2] - As of August 2025, the bank has issued nearly 35 million yuan in loans to small and micro enterprises in service consumption sectors, effectively stimulating market vitality and injecting strong momentum into the Yulin consumption market [1] Group 1: Financial Support Initiatives - The bank is prioritizing credit resources towards sectors such as accommodation, catering, cultural tourism, home appliances, new energy vehicles, and trade circulation, particularly focusing on small and micro enterprises and individual businesses [1] - The bank aims to address the core pain points of financing difficulties, high costs, and slow processes for small and micro enterprises, ensuring that policy benefits reach the most needy business entities [1] Group 2: Innovative Financial Products and Services - The bank is promoting innovative financial products, including "New Generation Business Quick Loan," "Transaction e-loan," and "Merchant e-loan," which utilize big data risk control models to provide unsecured, rapid approval loans [2] - A "green channel" has been established to enhance service efficiency for loan applications from small and micro enterprises in the consumption sector, ensuring timely funding for seasonal inventory, marketing promotions, and equipment updates [2] - The bank is implementing cost-reduction policies to lower financing costs, offering preferential interest rates for inclusive loans in the consumption sector, thereby reducing the overall financing burden on small and micro enterprises [2] Group 3: Impact on Market Vitality - The injection of inclusive financial resources has effectively transformed into development momentum for small and micro enterprises in the service consumption sector, leading to optimized service supply and increased local customer flow [2] - The financial support has stimulated demand along the supply chain and invigorated local trade circulation, contributing to the robust growth of the service consumption sector in Yulin [2]