部分网点深入推进普惠金融服务，实现金融服务与养老需求深度融合，做好存量社保卡换发工作同时，重心倾斜向离退休人员，优化适老服务，针对老年 客户需求，提供上门办理、政策讲解、操作指导等"一站式"服务。同时，设置社保卡绿色通道，减少等待时间，"手把手教、面对面帮"将社保卡推广，真 正推送到有需要的人，切实增强退休人员的金融获得感。 垦利农商银行工作人员深入村庄社区、小微企业、沿街商铺，为群众上门办理社保卡，提升了社保卡服务水平，并将金融服务送到群众家门口。加强与辖 区内村"两委"对接，通过走访、座谈宣讲等形式，形成"联动"合力，推动居民社保卡的发放、激活和使用，搭建起农商银行与镇街村民的"连心桥"。 为全面提升金融服务效率和水平，垦利农商银行持续提升社保卡营销服务能力，依托服务网点布局，发挥人熟、点多、面广的优势，以社保卡应用推广为 抓手，进一步完善渠道建设，丰富民生服务，全力以赴加快三代社保卡推广步伐，为普惠金融发展注入新动能。 垦利农商银行网点通过LED屏滚动宣传、厅堂展板集中展示、专属窗口高效办理等方式，营造出"知社保、用社保、享优惠"的浓重氛围。柜员、大堂经 理、客户经理形成营销闭环，对前来办理业务的客户， ...

金融是推动乡村振兴的重要力量，垦利农商银行坚守服务"三农"初心使命，以网格化营销为抓手，不断延伸普惠金融服务触角，精准对接辖区行政村，聚 焦产业振兴、农民增收，解难题、办实事、强服务，同谋共富新篇章。 深入推进网格化营销，结合服务辖区行政村基本情况及客户经理配备，将行政村网格进行划分，明确责任客户经理和驻村驻点办公频次，同时积极对接村 委，深入了解人口常住、产业发展等情况，并就张贴公示信息、多渠道开展业务宣传达成共识，为推进普惠金融、助力乡村振兴夯实基础。 (通讯员李群超) 聚焦基层金融服务，持续增强行政村服务质效，将驻村驻点办公作为每月固定服务动作，在村委办公区域设置农商银行专属服务点，常态化对接辖区村 委，定期与村干部联合梳理村集体及村民金融诉求，现场解答信贷、结算等疑问，针对性匹配便捷、高效服务方案，打造便民惠民的普惠金融服务机制。 ...

在全面建设社会主义现代化国家的新征程中，保险业正从风险管理的传统角色向国家战略服务者蜕变， 中央金融工作会议明确的金融"五篇大文章"与《银行业保险业普惠金融高质量发展实施方案》，共同勾 勒出行业"服务民生、赋能实体"的发展蓝图。 在此背景下，中华人寿凭借在普惠金融领域的扎实实践、社会责任的持续践行及数智化转型的突出成 效，成功斩获"2025保险业普惠金融实践方舟奖"与"社会责任先锋保险公司"两项重磅荣誉。这既是行业 对其坚守"服务国家、服务三农、服务民生"初心的高度认可，更印证了其深度契合保险业高质量发展导 向的实践价值，为行业履行金融工作政治性、人民性提供了有益借鉴。 普惠深耕：锚定民生需求构建全维度保障体系 作为国有控股保险企业，中华人寿始终将普惠金融理念融入业务核心，紧扣以人民为中心的发展导向， 聚焦不同群体保障痛点，通过产品创新、服务下沉与资源倾斜，让保险保障真正触达"最后一公里"，筑 牢民生安全屏障。 面对人口老龄化带来的养老保障需求增长，2024年中华人寿针对性开发4款适合老年人的保险产品，为 超5.2万人次60岁及以上老人提供专属保障服务，同时为近3万人次提供养老年金服务，累计养老保障额 度超1 ...

Core Viewpoint - Accelerating the filling of the domestic demand gap, especially in consumption, has become a crucial topic for driving China's economic growth, with expanding domestic demand being prioritized as one of the eight key tasks for economic work in 2026 [1][10]. Policy Measures - The Ministry of Commerce and other departments have jointly issued a notification to strengthen the collaboration between commerce and finance to boost consumption, outlining 11 measures to enhance financial support in key areas and expand cooperation between government, finance, and enterprises [1][12]. - Recent policies have been introduced to stimulate market vitality and release consumption potential, including guidelines encouraging financial institutions to increase consumer loan issuance and support service consumption [2][11]. Financial Support and Collaboration - The notification emphasizes the need for a "combination punch" of policies, enhancing collaboration between financial institutions and retail platforms to improve payment services and support for consumer financing [3][12]. - Financial institutions are encouraged to innovate financial products and services that integrate into consumption scenarios, focusing on areas such as home services, education, and health, to stimulate new consumption patterns [3][13]. Market Response and Impact - Following the implementation of the consumption loan subsidy policy, significant market activity has been observed, with companies like Zhaolian Consumer Finance reporting substantial loan issuance and customer engagement [5][15]. - Merchants have gained confidence from financial policies, with promotional tools like interest-free installment plans leading to increased sales and customer engagement [5][15]. Targeting Underdeveloped Markets - The notification highlights the importance of expanding consumption in county-level markets and rural areas, recognizing their potential for growth and the need for targeted financial support [7][17]. - Financial institutions are focusing on providing services to underserved populations, including new citizens and small businesses, to enhance financial inclusion and stimulate local consumption [18][19]. Long-term Strategy - The overall strategy for boosting consumption is shifting from short-term stimulus measures to long-term, systematic approaches aimed at enhancing consumer capacity and addressing structural issues in the economy [20].

Core Insights - The "2025 ESG Sustainable Innovation Ecological Conference" was held in Shanghai, highlighting the importance of ESG practices for economic development and corporate responsibility [1][4] - Jiufang Zhitu Holdings (9636.HK) was recognized for its "AI-Powered Investment Equity" project, which was selected as an "Annual ESG Innovation Practice Case" alongside other notable projects [1][3] Group 1: ESG Development and Corporate Responsibility - The concept of green and low-carbon development has been integrated into China's national economic and social development strategy since the 18th National Congress of the Communist Party [4] - Companies are encouraged to adopt a broader view of value creation that includes systematic risk management and robust governance frameworks to support long-term sustainability [4] Group 2: AI and Investment Education - Jiufang Zhitu Holdings aims to bridge the knowledge gap in investment through AI technology, addressing issues like information asymmetry and emotional decision-making among ordinary investors [7][8] - The company has established an AI center and joined the China Artificial Intelligence Society to enhance its governance and technical foundation for AI-driven investment advisory services [7] - By transforming professional research content into accessible knowledge products, Jiufang Zhitu Holdings seeks to make investment advice more equitable and widely available [7] Group 3: Investor Education and Financial Inclusion - Jiufang Zhitu Holdings views investor education as crucial for promoting inclusive finance and sustainable capital market development [8] - The company is the first in the securities advisory industry to join the "Investor Education Alliance," creating a new model for collaboration in investment education [8] - This recognition underscores Jiufang Zhitu Holdings' commitment to leveraging technological innovation to fulfill ESG principles and social responsibilities [8]

Core Insights - The financial system plays a crucial role in stabilizing expectations, growth, and structure amid economic transformation and cyclical fluctuations. The focus is on how to navigate complex environments effectively [1][22]. Group 1: Development of Inclusive Finance - Inclusive finance has made significant progress in recent years, characterized by a multi-layered and widely covered supply system involving national and regional banks, non-bank institutions, and technology companies [3][25]. - The balance of loans for inclusive small and micro enterprises has increased from approximately 10 trillion yuan in 2016 to 36.5 trillion yuan by the third quarter of 2025, reflecting a tripling in ten years with an average annual growth rate of around 25% [4][26]. - Digital inclusive finance has achieved breakthroughs, with digital technologies reshaping service models and improving credit evaluation through digital footprints, enhancing service efficiency [5][27]. Group 2: Policy and Regulatory Framework - The policy framework for inclusive finance is becoming increasingly refined, with strategic guidance from various government initiatives and local innovations in practice [7][28]. - The shift from a quantity-oriented regulatory approach to a quality-oriented one is necessary to optimize the regulatory system and incentive mechanisms [1][38]. Group 3: Market Dynamics and Competition - Large commercial banks are gaining market share in the inclusive finance sector, leading to a decline in the market share of small and local banks, resulting in a reshaping of the traditional supply structure [8][29]. - The competitive pressure from large banks is prompting local financial institutions to innovate and deepen their inclusive finance services [30]. Group 4: Challenges and Opportunities - Despite the achievements, credit suppression remains a common issue, with many enterprises relying on informal lending to meet unmet credit needs [1][38]. - The need for a clear legal framework to regulate informal finance is emphasized, recognizing its role in the financial ecosystem while ensuring compliance and sustainability [40][41].

Core Viewpoint - The 19th Huaxia Institutional Investor Annual Conference emphasized the themes of "vitality and resilience, innovation and empowerment," focusing on the future paths for financial development and the role of financial institutions in supporting the real economy [2]. Group 1: Financial Innovation - Tianjin Bank has successfully issued the first batch of technology-oriented innovative bonds in the country and the first in Hebei Province, with technology innovation loans growing by 26.21% year-on-year as of September 2025 [3]. - The bank has developed a specialized product system including equity, debt, loans, funds, and guarantees, and has successfully launched its first leasing business for computing power equipment and private satellite leasing [3]. Group 2: Green Finance - Tianjin Bank has issued the first energy-saving evaluation environmental loan in Tianjin, with significant year-on-year growth in both green bond investments and transactions [3]. - The introduction of innovative green financial products, such as energy evaluation-linked loans and green intellectual property-linked loans, marks an expansion of its green finance product system [3]. Group 3: Inclusive Finance - The bank has implemented the "thousand enterprises and ten thousand households" outreach initiative, with a total credit amount nearing 6.3 billion, leading in new credit issuance among city commercial banks in Tianjin [3]. - Inclusive corporate loans have increased by 51.7% year-on-year, reaching a historical high [3]. Group 4: Pension Finance - Tianjin Bank has upgraded its "Golden Autumn Harbor" pension finance brand and is issuing dedicated financial products, with steady growth in loans for the pension industry [4]. - The bank is integrating financial services into elderly care communities, creating a comprehensive product matrix for pension finance [4]. Group 5: Digital Finance - The bank's digital transformation has been recognized with 26 awards and 37 approved intellectual property rights, providing data support to the National Bureau of Statistics [4]. - The digital transformation efforts have received high praise from the National Bureau of Statistics [4].

展望"十五五"开局之年，在中央经济工作会议精神的指引下，银行业金融机构将围绕加力支持中小 微企业，进一步提升金融服务质效。 业内专家普遍认为，金融支持中小微企业是稳定经济、保障就业、激发创新的关键。通过缓解融资 难题，引导资源流向实体经济，增强市场韧性与发展动力，对推动高质量发展和社会稳定具有重要意 义。 今年以来，以农业银行为代表的银行业金融机构坚持金融工作的政治性、人民性，运用中国人民银 行等金融管理部门提供的政策支持，持续深化普惠小微金融服务，以数字赋能业务提质增效，更好满足 普惠小微群体多样化金融需求，为经济社会高质量发展注入强劲动能。央行公布的最新数据显示，截至 今年11月末，普惠小微贷款余额为35.88万亿元，同比增长11.4%。 "增加支农支小再贷款额度3000亿元，与调降再贷款利率的政策形成协同效应，支持银行扩大对涉 农、小微和民营企业的贷款投放。"5月7日，中国人民银行行长潘功胜在国新办举行的新闻发布会上宣 布。 在新疆的边境村落，牧民凭借"惠农e贷"扩大了养殖规模，脸上露出舒心的笑容；在福建平潭，民 宿经营者手握贷款合同，憧憬着民宿扩建升级后的美好前景；在湖南长沙，一款快速响应科技型企业需 ...

Group 1 - The core viewpoint of the articles highlights the role of China Bank in supporting rural revitalization and agricultural development through innovative financial products and services [1][2][4]. Group 2 - In Guangxi, China Bank provided an 800,000 yuan "Jasmine Tea Loan" to help a buyer manage cash flow during the jasmine flower harvest season [1]. - In Ningxia, the introduction of the "Goji Berry Loan" has encouraged local farmers to expand cultivation, while the "Ningke Loan" supports the development of new products like goji berry juice and masks [2]. - In Hebei, China Bank has invested over 350 million yuan in projects to improve saline-alkali land, enhancing agricultural productivity in the region [2]. - In Shaanxi, the bank has launched specialized financial products such as "Kiwi Loan" and "Apple Loan," providing over 500 million yuan in credit support to promote local agricultural products [3]. - In Zhejiang, China Bank invested 20 million yuan to support service industry projects and village renovations, enhancing local tourism and community income [4]. - The bank has developed a "Beautiful Countryside Smart Platform" to improve rural governance and service efficiency, alongside launching a mobile banking app tailored for farmers [4]. - China Bank emphasizes its commitment to rural finance, aiming to continuously inject financial vitality into rural revitalization efforts [4].

■"夯实文化软实力 积极履责显担当"系列专题报道 党的二十届四中全会提出，"实现人民对美好生活的向往是中国式现代化的出发点和落脚点"。"十五 五"规划建议将"人民生活品质不断提高"作为经济社会发展的主要目标。国新证券党委书记、董事长张 海文日前在接受中国证券报记者专访时表示，加入中国国新以来，国新证券坚定传承央企红色基因，深 刻把握金融工作的政治性和人民性，坚决扛起央企社会责任，通过做好金融"五篇大文章"、开展ESG咨 询特色业务、认真做好帮扶工作、强化投资者教育和保护及加强对员工的关心关爱，将履行社会责任与 公司经营管理有机融合，推动经济价值与社会价值共创共享，促进可持续发展。 积极践行国家战略 认真做好金融"五篇大文章" 张海文表示，国新证券始终把功能性放在首要位置，坚持立足国新、服务央企、助力国家战略的发展定 位，在深化国有资本运营改革、培育发展新质生产力的时代命题中找准金融服务的切入点与着力点，助 力科技、产业、金融的良性循环。科技金融方面，完成铜冠矿建、科隆新材等IPO发行，孚能科技、国 新健康等定向增发，川力智能、奉加科技等新三板挂牌，助力科技创新企业利用资本市场做大做强。加 大科创债发行力度，完 ...