6月19日下午，上海银行党委书记顾建忠出席2025陆家嘴论 坛，就"提高普惠金融服务的均衡性和可及性"发表主题演讲。 封图：图片资料室 普惠金融永远在路上 ——只有更好，没有最好 顾建忠指出，普惠金融永远在路上——只有更好，没有最好。当前必须要提升均衡性，满足全部， 做好面上扩展；提升可及性，能够满足的尽量满足，加强下沉触达。 好的普惠金融服务 像呼吸一样融入日常 顾建忠特别指出，科技金融和普惠金融密不可分，尤其是近年来普惠金融"含科性"越来越高，科创 金融领域的"投早、投小、投硬"成为"普惠金融皇冠上的明珠"。银行在服务该类企业时，要秉持长 期主义和专业主义，做好"1234"。 "1"是坚持一个情怀，牢固树立发展科创金融是服务国家高质量发展、中国式现代化需要的价值判 断，秉持工匠精神、长期主义，久久为功。 "2"是重塑两个逻辑。一是重塑科创企业风险评价逻辑，从传统的看抵押、看现金流、看资产等当 下价值，转变为看技术、看团队、看科研创新、看市场前景的未来价值。二是重塑科创金融风险收 益平衡逻辑，不以单笔业务回报衡量与企业的合作价值，而是从多维度考量整体收益。 "3"是坚守三个理念——科创更前、科技更全、科研更 ...

近日，榕树贷款正式发布品牌IP形象"榕小榕"，这是继品牌战略升级后的又一重要举措。榕树贷款将自 身产品特性与金融科技深度融合到IP设计的灵感中，推出全新的品牌IP形象，期待能为用户提供更优质 的产品体验和服务，同时也标志着榕树贷款在构建"有温度的智能金融服务"品牌生态上迈出关键一步。 技赋能金融，服务传递温度"的双重理念。"榕小榕"多维动态化的表情系统，不拘泥于传统的严肃正 式，更加亲切，贴近业务场景，包含了榕树贷款APP内多种服务场景适配表情，实现从产品咨询到后期 服务的全周期情感陪伴，以打造亲民、温暖的服务体验。进而拉近品牌与用户的距离，加深在用户心中 的印象，提升品牌的号召力。 品牌IP形象"榕小榕" 榕树贷款作为智能金融综合服务平台，随着业务发展不断优化产品体验的同时，也在不断思考如何为用 户提供优质、高效、便捷、智能的金融信贷服务，帮助更多有需要的用户。为加强用户对榕树贷款平台 的认知和了解，团队创新设计了品牌IP"榕小榕"，以榕树贷款品牌为依托，造型独特、充满活力和亲和 力，充分融合了榕树贷款的服务理念和核心价值。 希望通过"榕小榕"活力亲切的形象拉近用户距离，让大家对榕树贷款产品服务和品牌理念有 ...

Core Viewpoint - Shanghai Zhongguang Yunzhi Investment integrates technology and professional services to provide efficient and secure investment solutions, serving as a model for industry transformation [1][5]. Group 1: Intelligent Investment Advisory - The company has developed an intelligent investment advisory system that utilizes machine learning algorithms and extensive market data to dynamically optimize investment strategies [3]. - This system analyzes macroeconomic indicators, industry conditions, and individual stock fundamentals in real-time, generating personalized asset allocation plans based on user risk preferences and investment goals [3]. - For instance, in the renewable energy sector, the system identified valuation enhancement opportunities for a solar company due to technological iterations, allowing for timely adjustments in holdings to achieve excess returns [3]. Group 2: Risk Control System - Zhongguang Yunzhi Investment employs blockchain technology to create a secure risk control framework, ensuring transaction data is traceable and immutable [3]. - The proprietary "Tianqiong" risk control engine processes millions of transactions per second using deep reinforcement learning and natural language processing to identify potential risks from unstructured data [3]. - An example includes a warning triggered by semantic analysis of an environmental penalty announcement, leading to a recommendation to reduce holdings and avoid subsequent losses [3]. Group 3: Investor Education Ecosystem - The company emphasizes the importance of investor education for sustainable industry development, establishing a "full lifecycle investor education system" through various formats such as online courses and simulated trading [4]. - The "Wealth Management Health Diagnosis" service not only provides asset allocation advice but also focuses on enhancing users' understanding of market cycles to prevent overconfidence in risk assessment [4]. - During market fluctuations, the system proactively sends customized risk alerts and strategy suggestions to guide users in responding rationally to short-term volatility [4]. Group 4: Industry Insights - The practices of Zhongguang Yunzhi Investment illustrate that fintech does not replace traditional advisory services but enhances service boundaries through technological innovation [4][5]. - The development path of "compliance as the foundation, technology as the wings" meets regulatory requirements for investor suitability while reducing service costs, making inclusive finance possible [5]. - The integration of technology and professional services allows even remote investors to access expert assistance, providing a reference model for digital transformation in the industry [5].

融资景气度保持上升 分维度来看，2025年5月，融资景气度指数为53.94点，较4月上升0.21点。中国人民银行日前发布金融数据显示，5月末，普惠小微贷款余额为 34.42万亿元，同比增长11.6%；制造业中长期贷款余额为14.75万亿元，同比增长8.8%，以上贷款增速均高于同期各项贷款增速，多个重点领域得 到了更多信贷支持。贷款利率继续在低位运行，保持稳定。5月，企业新发放贷款（本外币）加权平均利率约3.2%，比上年同期低约50个基点，较 上月基本持平。5月初，金融管理部门推出的一揽子金融政策落地显效，有效提振市场信心。 图2：分维度-融资景气度指数结果 经营景气度温和攀升 2025年5月，经营景气度指数为48.00点，较4月上升0.04点，小微企业运行情况向好。分项指数中，小微企业经营绩效指数上升0.18点，企业加 大人力、设备等投入，经营投入指数上升0.08点，企业活力进一步释放，形成效益升、投入增、活力强的正向循环。国家统计局数据显示，5月 份，我国货物进出口总额同比增长2.7%，其中出口增长6.3%。出口韧性增强，国内消费回暖，促进小微企业订单指数有所上升，叠加政策支持持 续发力，多行业协同向好。 ...

作为平安银行的全资理财子公司，平安理财紧紧围绕母行"零售做强、对公做精、同业做专"的战略方 向，持续提升专业投研、产品体系、渠道经营、运营服务、风险管理方面"五位一体"的能力，构建多元 化人才队伍和数据科技创新"双擎驱动"的竞争优势。近年来，平安理财在全球资管榜单的排名稳步上 升，充分展示了公司卓越的投资管理能力、稳健的风险控制体系以及日益提升的市场影响力。 自成立以来，平安理财牢记"服务实体经济、坚持为民理财"的初心，积极践行金融工作的政治性、人民 性，以实干争先的状态做深做实金融五篇大文章。成立近五年来,平安理财累计为超1300万名客户创造 投资收益超1000亿元，平均每年提供超过2600亿元资金支持实体经济发展，以实际行动诠释了新时代银 行理财公司的使命与担当。 近日，欧洲权威出版集团"欧洲投资与养老金"（Investment & Pension Europe， IPE）最新发布了年度榜 单—"2025全球资管500强"，57家中国资管公司进入该榜单。平安理财有限责任公司（简称"平安理 财"）再度进入榜单，位列全球第167位，较2024年、2023年的排名分别上升了17位和23位，全球综合竞 争力持续提 ...

Group 1 - The core viewpoint of the articles emphasizes the innovative service models adopted by the Industrial and Commercial Bank of China (ICBC) to enhance customer experience and accessibility since 2025 [1][2][3] Group 2 - ICBC has streamlined account opening processes by allowing online applications and pre-approval, significantly reducing processing time while maintaining risk control [1] - The introduction of "Huinong Quick Loan" allows customers to apply for loans autonomously, receive real-time updates on limits, and enjoy automatic approvals and flexible usage [1] - The bank has upgraded its electronic payment channels, including mobile banking and online banking, to meet diverse customer needs, particularly for the elderly [1] Group 3 - The transformation of physical branches into "smart outlets" aims to provide a one-stop service experience, optimizing branch layouts and enhancing self-service capabilities [2] - ICBC is focusing on personalized financial product recommendations and transitioning from transactional to advisory services [2] - The "Code Winning" service allows customers to apply for key services conveniently by scanning QR codes, improving service efficiency [2] Group 4 - ICBC is committed to inclusive finance by providing on-site services for customers who are unable to visit branches, thereby addressing the "last mile" of financial service delivery [3] - The bank conducts financial literacy programs to protect consumer rights and enhance awareness of financial risks among rural residents [3]

目 录 导 论 结 语 编写说明与致谢 导 论 一条道路的开拓，离不开漫长的积累和艰辛的探索。 金融是"国之大者"，关系中国式现代化建设全局。党的十八大以来，以习近平同志为核心的党中央 从战略全局出发，加强党对金融工作的集中统一领导和统筹谋划，推动金融事业发展取得新的重大成 就，逐步走出一条中国特色金融发展之路。习近平总书记对金融事业发展的重大理论和实践问题作出一 系列重要论述，构成了习近平经济思想的金融篇。 福建是习近平新时代中国特色社会主义思想的重要孕育地和实践地。在福建工作期间，习近平同志 基于中国社会主义初级阶段的基本国情、中国特色社会主义基本经济制度、改革开放初期国内外金融发 展状况，运用马克思主义基本原理，以广阔视野、前瞻思维和实事求是的态度，围绕如何走出一条符合 中国实际和时代要求的金融发展道路，进行了一系列深入探索与具体实践。 中国特色金融发展之路，既遵循现代金融发展的客观规律，更具有适合中国国情的鲜明特色，是一 条前无古人的创新之路。报告认为，这条道路以习近平新时代中国特色社会主义思想为指引，以政治性 筑牢发展根基，以人民性锚定价值坐标，并通过"两个结合"实现金融体系的制度创新与实践突破，为 ...

Group 1 - The core viewpoint emphasizes the need to improve financing efficiency for small and micro enterprises, which are significantly affected by the complex international environment [1] - Recent measures have been implemented to lower financing costs for small and micro enterprises, which is crucial for stabilizing the economy and promoting employment [1] - The balance of inclusive loans for small and micro enterprises increased from 15.3 trillion yuan at the end of 2020 to 33.3 trillion yuan by the end of 2024, with an average annual growth rate exceeding 21% [1] Group 2 - In the first two months of this year, the average interest rate for newly issued inclusive loans for small and micro enterprises was 4.03%, a year-on-year decrease of 0.33 percentage points [1] - Local practices, such as Zhejiang's credit financing platform and Guangdong's "Yue Xin Fu" platform, demonstrate that combining policy guidance with market mechanisms can effectively alleviate financing difficulties for small and micro enterprises [1][2] - The Ministry of Industry and Information Technology and other departments initiated a targeted financing promotion action for small and micro enterprises in July 2023, providing customized financing support for key industrial chains [2] Group 3 - The People's Bank of China has implemented measures such as reserve requirement ratio cuts and interest rate reductions to enhance the ability of small and micro enterprises to access financial resources [2] - Despite the positive developments, challenges remain, including high financing costs and insufficient policy implementation in some regions [2][3] - Recommendations include improving risk-sharing and compensation mechanisms, enhancing cooperation between core enterprises and financial institutions, and encouraging small and micro enterprises to strengthen compliance and credit awareness [3]

Core Viewpoint - Drip Irrigation International Investment Company (referred to as "Drip Investment") has submitted a listing application to the Hong Kong Stock Exchange, driven by the demand from various industry investors to combine cash flow investment experience with industry expertise for collaborative investments [1][4]. Group 1: Company Overview - Drip Investment is a newly established professional investment company, distinct from Drip Irrigation Group's own listing, and plans to focus on cash flow investments [4]. - The company intends to employ a subsidiary of Drip Irrigation Group as its investment manager, utilizing a revenue-sharing product (RBOs) to connect international capital with micro-enterprises [4][10]. - The listing will follow the Hong Kong Stock Exchange's Chapter 21, which is designed for investment companies, providing a flexible regulatory framework compared to traditional public companies [4][6]. Group 2: Investment Strategy - Drip Investment will focus on three main types of cash flow assets: - Asset-Based Cash Flow: Providing liquidity to private equity (PE) and venture capital (VC) funds and their investors [8]. - Business-Based Cash Flow: Supporting diligent entrepreneurs in various sectors without diluting equity or imposing rigid repayment requirements [9]. - Corporate-Based Cash Flow: Offering essential survival capital to early-stage entrepreneurs and small tech companies [9]. - The cash flow investment model (CCO) is positioned as a "third type of asset" between equity and debt, allowing for flexible returns based on cash flow without strict repayment obligations [7][10]. Group 3: Market Potential - The target market for cash flow investments includes micro-stores, early-stage tech companies, and LPs of PE/VC funds, addressing significant financing gaps in traditional finance [11]. - The financing gap for micro-enterprises exceeds 20 trillion yuan, while early-stage tech companies face a 30% annual increase in financing needs [11]. - The potential market size for Drip Investment's strategy is estimated to be in the trillions, indicating a substantial opportunity for growth [10]. Group 4: Regulatory and Operational Framework - The Chapter 21 listing allows for a more lenient regulatory environment, exempting compliance with certain regulations and enhancing institutional credibility, particularly appealing to restricted investment institutions like Japanese pension funds [4][5]. - However, there are limitations such as shareholder thresholds, liquidity discounts, and compliance issues with new asset types [5][6]. Group 5: Challenges and Considerations - The cash flow investment model faces challenges including the effectiveness of risk control, the authenticity of cash flow data, and potential legal ambiguities regarding its non-equity, non-debt nature [13][14]. - The company aims to standardize financial tools to address the pricing of non-standard assets, which will be critical in determining the success of its listing and operations [14].

Core Viewpoint - The article emphasizes the importance of financial development in China, particularly in Fujian, as a key component of the country's modernization and economic growth, rooted in the principles established during Xi Jinping's tenure in the region [3][5][12]. Financial Development Strategy - Fujian has initiated a financial empowerment strategy to enhance productivity, marking a significant step in its financial development [5]. - The financial sector is viewed as crucial for the overall modernization of China, with a focus on long-term planning and systemic approaches to financial development [5][10]. Historical Context and Innovations - The establishment of Industrial Bank in 1988 is highlighted as a pioneering move in China's financial reform, with local government support playing a vital role [7][8]. - Xi Jinping's early insights into financial governance laid the groundwork for a modern financial system in Fujian, emphasizing the need for a diverse financial structure [11][12]. Financial Support for Economic Development - Financial innovations, such as the "Lin e loan" in Ningde, demonstrate how financial tools can support rural economic development and resource management [17][19]. - The article discusses the role of financial services in supporting major infrastructure projects in Fujian, which have been essential for regional economic growth [23][27]. Risk Management and Financial Security - Fujian has maintained a strong record in managing financial risks, with a focus on preventing illegal fundraising activities and ensuring financial stability [31][32]. - The article outlines Xi Jinping's proactive measures in addressing financial crises, such as the restructuring of Huamin Company, which became a model for debt resolution [33][34]. Reform and Opening Up - The establishment of Xiamen International Bank as China's first Sino-foreign joint venture bank is presented as a significant milestone in financial reform and opening up [38][40]. - The article highlights ongoing efforts to deepen financial reforms and enhance international cooperation, reflecting China's commitment to a more open financial system [42][43].