Core Viewpoint - The "China Inclusive Finance Tour" conference in Guangdong highlighted the new trends in inclusive finance 2.0, emphasizing the need for innovative practices and collaboration in the sector [6][7]. Group 1: Policy and Development - The "14th Five-Year Plan" emphasizes the development of inclusive finance, with recent central economic work meetings focusing on financial support for expanding domestic demand, technological innovation, and small and micro enterprises [6]. - The People's Bank of China (PBOC) Guangdong Branch has been actively implementing policies to enhance the financial service environment for small and micro enterprises, rural areas, and private economies, aiming to improve service coverage and satisfaction [8][9]. Group 2: Financial Performance - As of October 2025, the balance of inclusive loans in Guangdong reached 4.9 trillion yuan, accounting for 16.4% of total loans, with a year-on-year growth of 7.9%, surpassing the overall loan growth rate by 2.3 percentage points [9]. - The PBOC Guangdong Branch plans to continue implementing a moderately loose monetary policy and enhance the effectiveness of structural monetary policy tools to improve the level of inclusive financial services [9]. Group 3: Research and Reports - The "China Inclusive Finance Tour Innovation Deep Research Report (2025)" was released, indicating that by the end of Q3 2025, the balance of inclusive loans for small and micro enterprises reached 36.5 trillion yuan, and inclusive agricultural loans reached 14.1 trillion yuan, both showing significant growth [11]. - The report highlights that Guangdong, Zhejiang, and Jiangsu are leading in inclusive finance development, with Guangdong excelling in various metrics such as the balance of inclusive small micro loans and the number of credit accounts [11]. Group 4: Innovative Practices - The report identifies innovative models in inclusive finance, such as state-owned banks leveraging digital products and intelligent credit systems to support small micro enterprises and rural revitalization [12]. - Regional banks are exploring unique paths in inclusive finance by customizing products and collaborating with local governments to address financing challenges for small enterprises and agricultural entities [13][15]. Group 5: Roundtable Discussions - The roundtable discussion focused on the new trends in inclusive finance 2.0, emphasizing the need for comprehensive service offerings, digital upgrades, and collaborative mechanisms to enhance the effectiveness of financial services [14]. - The discussion also highlighted the importance of addressing the "last mile" issue in inclusive finance and the need for sustainable business models [12][14]. Group 6: Case Studies and Innovations - Various institutions shared their innovative practices, such as the "Smart Inclusive" ecosystem developed by Shanghai Pudong Development Bank, which utilizes data to enhance credit approval processes [18]. - Dongguan Rural Commercial Bank introduced a unique loan model linked to industrial wastewater management, showcasing a market-driven approach to environmental financing [19].

Core Insights - 2025 marks a milestone year for China's public fund industry, entering a new phase focused on high-quality development driven by investor returns [1] - The company emphasizes its commitment to investor interests and aims to implement the "Action Plan for Promoting High-Quality Development of Public Funds" [1] Investment Research and Core Competitiveness - Investment research capability is identified as the core competitiveness of fund companies, essential for wealth preservation and serving the real economy [2] - The action plan requires public institutions to strengthen a "platform-based, integrated, multi-strategy" investment research system, which the company is prioritizing [2] - The company has implemented an integrated investment research reform, fostering collaboration between fund managers and researchers to cover hundreds of sub-industries [2] - The company is focusing on "Technology+" investments, creating a diverse product matrix that includes sectors like technology, medicine, military, energy, manufacturing, and consumption [2] Index Investment and Long-Term Value - The company is actively developing a diverse index product system in line with the trend of indexation and institutionalization in capital markets [3] - It aims to create low-volatility products and asset allocation products to provide a wider range of tools for wealth management [3] - A long-term performance-oriented assessment mechanism is being implemented to ensure the stability and professionalism of the investment research team [3] Enhancing Investor Experience - The action plan emphasizes enhancing investor satisfaction as a core goal, guiding service upgrades in the industry [4] - The company is cultivating a strong industry culture and innovating investor engagement models to build a mature investment ecosystem [4] - Various educational initiatives are being undertaken, including online and offline activities, to improve financial literacy among investors [4] Strategic Alignment with National Goals - The company is aligning its operations with national strategies, focusing on the "Five Major Articles" to drive high-quality development [6] - In the field of technology finance, the company is deepening its investment ecosystem and focusing on hard technology sectors [6] - The company is extending its financial literacy initiatives to rural areas, supporting sustainable rural economic development [6] - In green finance, the company is responding to national "dual carbon" strategies and enhancing research in green industries [6] Digital and Pension Finance Initiatives - The company is focusing on digital transformation to enhance operational efficiency and service precision [7] - It is actively participating in the construction of the national pension system, developing a diverse range of pension products [7]

今年5月15日，中行昆明东风支行下达云南振途信息科技有限公司1000万元数据产品质押融资授信，这 是在全国率先完成畜牧业数据产品知识产权质押融资的典型案例，"肉牛生理数据要素数据产品"全链路 得以贯通，为解决云南数据产品知识产权确权登记、资产入表、数据知识产权质押贷款等全链路问题， 提供了可复制、可推广的"经开路径"。 "融资难、融资贵、融资慢"是一直以来制约企业发展壮大的"老大难"问题。聚焦企业发展难点，昆明经 开区（自贸试验区昆明片区）配套推出全链条、定制化的金融服务方案，让金融资源精准滴灌园区创新 创业沃土。 加速"知产"变"资产" 同时，搭建知识产权金融公共服务平台，搭载"鹏之翼"评估系统，引进知识产权服务、评估等机构，建 立知识产权质押融资需求响应机制，为辖区企业、金融机构提供知识产权价值评估、合同备案、质押转 让、供需对接等闭环服务，推动知识产权质押融资工作落到实处。此外，利用自贸试验区"试验田"优 势，联合沪滇临港昆明科技城，依托沪滇建立的跨区域登记互认机制，积极推进数据产品确权。 在系列措施的推动下，知识产权质押融资成效显著。今年昆明经开区（自贸试验区昆明片区）共帮助区 内企业放款23笔、融资 ...

据介绍，针对中小微企业普遍面临的投资周期长、缺乏抵押物等融资瓶颈，中国人民银行海东市分行推 动平台应用纳入全市普惠金融改革重点任务。一方面，联合市工信局、财政局、农业农村局等多部门举 办专题推介会，向地方党委政府汇报平台在服务乡村振兴与民族地区发展中的价值；另一方面，指导银 行机构成立"平台应用工作专班"，构建多层次、广覆盖的宣传网络，通过政务服务中心、银行网点等延 伸服务触角，并实地指导进展缓慢机构，着力破解民族地区金融服务短板。 该平台的应用推动了信贷模式从"抵押依赖"转向"信用赋能"。海东市某软膜复合包装袋制造企业因缺乏 抵押物一度融资困难，青海银行海东市分行通过平台分析其资金流水后，发放200万元流动资金贷款， 缓解企业压力。建行循化支行依托平台整合企业账户流水、纳税、社保等多维数据，为一家清真食品加 工企业核定30万元"小微企业信用贷——民族特色企业专属"信用贷款；循化农商银行则通过平台研判一 家文旅企业资金流水，为其办理419万元借新还旧贷款，助力企业渡过难关。该文旅企业以"公司+农户 +基地"模式带动300户低收入农户，社会效益显著。 本报海东讯 （记者 牛玉娇 通讯员 贾丽娜） 12月23日， ...

时值初冬，云南临沧广袤的蔗田正值榨季筹备关键期。蔗农们满怀丰收的喜悦，却也面临着启动资金周 转的迫切需求。想蔗农之所想，急蔗农之所急，工行临沧分行在12月榨季开启前夕，主动跨区域奔赴临 沧市永德县，将金融服务窗口直接搬到蔗农家门口，高效为3家甘蔗种植大户办理"甘蔗贷"共计360万 元。这笔宝贵的资金如同及时雨，精准"浇灌"于榨季启动前，为蔗农的"致富田"注入了源头活水。 转自：新华财经 普惠下乡解难题，融资不再"难与慢" "工行这笔'甘蔗贷'来得太及时了！就像旱季里的甘露一样。"一位获得贷款的永德县蔗农感慨道，"有了 这笔钱，榨季生产就有坚实的资金保障，心里特别踏实。""甘蔗贷"不仅为蔗农当季的丰收提供了"及时 雨"，更通过持续的金融支持，帮助他们扩大种植规模、改善种植技术，增强了抵御风险和自我发展的 能力，真正将金融服务融入甘蔗产业的根系，滋养着产业的可持续发展。 锦旗映照为民心，深耕乡村担使命 日前，永德县几位受益蔗农代表怀着对丰收的期盼和对工行暖心服务的由衷感激，专程来到工行临沧分 行，将一面饱含深情的锦旗赠予分行。锦旗上"为民赋能为蔗发展，热情服务高效助贷"的金色大字，不 仅是对"甘蔗贷"高效服务最质 ...

Core Insights - The implementation of the "Single Window" cross-border financial services significantly enhances the efficiency of foreign trade enterprises, reducing financing costs and processing times [1][2][3] Group 1: Financial Services and Innovations - The "Single Window" platform utilizes big data to offer various financial services, including international settlement, cross-border loans, export loans, and export credit insurance, which have shown notable effectiveness [2][4] - The average processing time for international settlement has been reduced from 5 hours to 2 minutes, showcasing a breakthrough in operational efficiency [2] - The financing assessment service allows foreign trade enterprises to know their financing limits in advance, leading to a further reduction in processing times by 30%-50% for subsequent financing applications [2][4] Group 2: Impact on Export Credit Insurance - The introduction of the "Single Window" has transformed the process of obtaining export credit insurance, with 98% of such insurance now processed through this platform, significantly increasing efficiency and coverage [3][4] - The use of big data models has simplified the insurance application process and shortened the claims cycle, enhancing the overall service experience for enterprises [3] Group 3: Data Utilization and Security - The initiative emphasizes the importance of public data utilization, integrating over 20 types of data, including customs and tax documents, to support accurate decision-making by financial institutions [4] - The service model ensures data security by adhering to principles of data minimization and encryption, allowing data to be used without being visible to unauthorized parties [4] Group 4: Overall Achievements - As of now, the "Single Window" financial services have facilitated international settlements totaling $127.2 billion, provided financing credits of 148.8 billion RMB, and issued 780,000 export credit insurance policies, benefiting 450,000 foreign trade enterprises [4]

自2025年上线以来，"空中柜面"在显著降低运营成本的同时，真正实现了服务优化与风险控制的统一。 该服务通过流程线上化与服务集约化，持续节约可观成本，并将这些资源被重新投入至服务优化与技术 升级中，进一步反哺客户体验，形成"客户满意–公司提质"的良性循环，推动消费者权益保护落到实 处、见到长效。 新华保险积极响应国家发展数字金融、普惠金融的号召，依托"空中柜面"项目，将消费者权益保护与服 务便捷性深度融合，通过数字化转型为客户带来高效、安全、有温度的保单服务新体验。这一创新举措 赢得了市场认可，成功获评"2025金柿奖·中国保险消费者权益保护样本"。 数字技术打破时空限制，保险服务实现普惠通达 新华保险推出的"空中柜面"，顾名思义借助视频交互、人脸识别、电子签名等数字技术，打破传统服务 对物理网点的依赖，让客户不论身在何处、使用何种设备，都能平等享受专业保单服务。尤其对于老年 人、行动不便人群等特殊群体，系统操作简便、服务接入"零门槛"，真正推动保险服务走向普惠通达， 助力实现"普惠金融最后一公里"，切实保障每一位消费者的公平交易权与受尊重权。 在服务过程中，"空中柜面"运用了"远程交互+智能防控"数字新技术 ...

截至11月末上交所本年度发行中小微企业支持ABS超800亿元 中新网上海12月23日电 (高志苗)记者23日从上海证券交易所获悉，截至2025年11月末，本年度上交所发 行中小微企业支持ABS超800亿元，中小微企业支持债券超180亿元，同比均显著增长。 "京东科技-京诚系列15号7期供应链保理合同债权绿色资产支持专项计划"近日在上交所发行，计划管理 人为华泰证券资管，优先级票面利率1.76%，受到市场投资人的踊跃认购，标志着京东科技在普惠金融 和绿色金融领域实现新突破，展现了以供应链赋能中小微企业纾困成长、以金融工具赋能绿色发展的责 任担当。 当前，市场上支持中小微企业的融资产品体系多元，但限于自有资金规模及周转效率，一定程度上制约 了对中小微企业的支持效能。而ABS凭借标准化运作、低成本资金对接及产业链赋能优势，恰好为破解 这一痛点提供了有效路径。ABS作为融资工具，通过资产信用增级、风险分散机制，高效对接资本市场 低成本资金，为产业链融资提供精准赋能。 上交所债券业务相关负责人表示，下一步，上交所将继续在中国证监会统筹指导下，充分发挥交易所债 券市场服务国家战略和实体经济功能，扎实做好普惠金融"大文章" ...

转自：新华财经 作为全国闻名的"绿色食品之都"，齐齐哈尔依托优质的畜牧业资源，将烤肉打造成兼具品牌影响力与市 场竞争力的特色产业——众多烧烤经营主体扎根生长，成为拉动消费、带动就业的重要力量。近日，建 设银行齐齐哈尔分行推出首笔"烤肉贷"，精准"接住"了一家老牌烧烤店的旺季需求，让这缕烟火气烧得 更旺。 "多亏了建行的'烤肉贷'，现在进货、发工资都不愁了，咱能安心把烤肉生意做得更红火。"谈及这笔专 项贷款，龙沙区鲍师傅烧烤店负责人鲍志超难掩感激。这家经营多年的烧烤店除了堂食生意，店里的生 肉售卖也做得风生水起，通过线下到店选购与线上订购相结合方式，经营规模稳步扩大。鲍志超计划趁 着旺季优化店内设施、扩充备货量，进一步提升服务品质与接待能力。可扩充经营需要不小的投入，加 上旺季来临前需提前储备大量生肉、酒水等食材，员工工资和房租也集中到期支付，原本充裕的流动资 金瞬间变得紧张起来。 建设银行齐齐哈尔分行的"烤肉贷"专门针对本地烧烤商户，无需抵押，还能随借随还，为鲍志超解决了 经营中面临的问题。为了不耽误商户旺季经营节奏，该分行客户经理提供上门服务，全程"一对一"盯进 度：手把手教鲍志超在手机上填申请、拍经营流水 ...

转自：新华财经 当前，市场上支持中小微企业的融资产品体系多元，但限于自有资金规模及周转效率，一定程度上制约了对中小微企业的支持效能。而ABS凭借标准化运 作、低成本资金对接及产业链赋能优势，恰好为破解这一痛点提供了有效路径。 ABS作为融资工具，通过资产信用增级、风险分散机制，高效对接资本市场低成本资金，为产业链融资提供精准赋能。 值得一提的是，此前在上交所发行的"京东科技-京诚系列15号2期供应链保理合同债权绿色资产支持专项计划"，优先级票面利率低至1.68%，创下全市场同 期同类型产品利率新低，也充分体现了投资者对京东发行此类ABS产品的高度认可。与此同时，依托ABS融资成本优势，京东科技"京保贝"对客融资利率持 续下行，进一步让利产业链主体。 新华财经上海12月23日电（记者 杨溢仁）近日，"京东科技-京诚系列15号7期供应链保理合同债权绿色资产支持专项计划"在上交所成功发行，引发业界关 注。 据悉，该产品的计划管理人为华泰证券资管，优先级票面利率为1.76%，受到市场投资人的踊跃认购，标志着京东科技在普惠金融和绿色金融领域实现新突 破，充分展现了以供应链赋能中小微企业纾困成长、以金融工具赋能绿色发展的 ...