完善动产融资市场基础设施

Core Insights - The new generation of the unified registration system for movable property financing in China was fully upgraded and launched on June 2, 2025, significantly improving operational stability and processing efficiency by over 5 times [1][2] - Daily registration volume in June 2025 increased by nearly 20% compared to the first five months of 2025, with over 290,000 registrations using the "property element details" standardized template, accounting for 23% of the total registrations in June [1][2] Group 1: System Upgrade and Features - The upgrade focuses on enhancing business standardization and modernizing the system architecture, including element-based guidance for registration content, simplified user management, and technical upgrades [2] - Users can voluntarily upload standard element information for collateral assets, improving the recognizability of collateral and enhancing query efficiency [2] - The core technical architecture has been comprehensively reformed, allowing for greater interaction between the system and users, and providing ample service space for future market developments [2] Group 2: Market Impact and Growth - The unified registration system has played a crucial role in supporting financial initiatives, directing credit resources towards technology innovation, inclusive small and micro enterprises, and green low-carbon sectors [3] - By the end of August 2025, the system recorded a total of 53.278 million registrations and 290 million queries, with annual growth rates of 29% and 30% respectively [3] - Financing leasing, factoring/receivables transfer, and receivables pledge accounted for nearly 90% of the registered businesses, with approximately 18.484 million small and micro enterprises and individuals served [3] Group 3: Legal and Regulatory Role - The unified registration system contributes to the healthy and regulated development of the movable property financing market, ensuring transaction security and legal compliance [4] - The electronic registration and query documents issued by the system have been widely accepted in judicial practice, enhancing their evidentiary value [4] - The system has assisted judicial authorities by providing registration information and facilitating over 10,000 announcements for the seizure and freezing of movable property and rights [4]