海南积极落实个人信用修复政策 助力经济回升与民生改善 中新网海口2月4日电 (记者 王子谦)今年1月1日起，中国人民银行实施一次性信用修复政策。中国人民 银行海南省分行征信管理处处长李伟伦4日表示，该政策落地一个月来海南查询服务同比大幅增加，政 策落地实施平稳有序，社会反响良好。 2025年12月22日，中国人民银行发布一次性信用修复政策，对于2020年1月1日至2025年12月31日期间， 单笔金额不超过10000元人民币的个人逾期信息，个人于2026年3月31日(含)前足额偿还逾期债务的，金 融信用信息基础数据库将不予展示，支持信用受损但积极还款的个人高效便捷重塑信用，助力经济持续 回升向好。 金融部门还制定了政策实施应急预案，对各种类型风险事件制定详细应对方案，对银行、非银行接入机 构分类提出风险防范要求。强调完善多元纠纷化解机制，既坚持和维护政策的严肃性和操作的合规性， 也妥善保障个人征信合法权益。 李伟伦称，中国人民银行海南省分行下一步将持续做好征信查询服务，高效办理咨询核查，妥善处理好 异议和投诉。同时，深化溯源管理，提高个人信贷数据的报送质量，保障信息主体的合法权益，全力推 动一次性信用修复政策 ...

为方便客户查询信用报告、核实逾期信息，工行宁波市分行构建起"线上+线下"信用报告查询服务体系，客户可通过手机 银行和网上银行7×24小时线上查询简化版报告；也可前往各网点柜面和智能设备查询简化版报告或工行版报告，或拨打 95588热线预约，最快2个工作日内到指定网点领取纸质报告。此外，该行还在辖内8家网点布设了人行征信自助查询机， 支持详细版信用报告现场打印。 转自：新华财经 2025年末，中国人民银行推出"一次性个人信用修复政策"，工行宁波市分行积极响应，多措并举推动该政策精准落地，切 实帮助符合条件的个人客户解决征信困扰，重获融资通道。 该政策的核心在于：对于在2020年1月1日至2025年12月31日期间发生、单笔逾期金额不超过1万元，且能在2026年3月31日 前足额还清（包括历史欠款及当月应还款项）的个人信贷逾期记录，征信系统将自动予以移除，无需客户主动申请。 某快餐店主李女士是这项政策的直接受益者。2020年，她的店铺经营困难导致多笔贷款出现逾期，尽管后来努力还清欠 款，但不良征信记录如同一道无形的壁垒，使其后续在多家银行申请融资用于店面升级和备货时屡屡碰壁，经营发展受到 限制。 工行宁波市分行客 ...

Investment Rating - The report does not explicitly provide an investment rating for the industry [26] Core Insights - The People's Bank of China (PBOC) introduced a one-time personal credit repair policy on December 22, aimed at providing credit repair opportunities for overdue record holders. The policy focuses on overdue amounts of 10,000 yuan or less, targeting small overdue amounts and honest repayment customers. It encourages current overdue customers to repay quickly and benefits those with historical overdue records who have settled their debts, facilitating future loan approvals [2][6][9] - The policy is applicable to overdue records from January 1, 2020, to December 31, 2025, and requires borrowers to fully repay their debts by March 31, 2026, for the overdue records to be removed from the credit reporting system [6][9] - The policy is expected to improve banks' asset quality by accelerating repayments from overdue customers and may slightly increase retail loan issuance [9][10] Summary by Sections Policy Overview - The PBOC's credit repair policy targets small overdue records in personal credit reports, specifically those not exceeding 10,000 yuan. It applies to various types of personal loans, including mortgages, credit cards, and consumer loans, and does not require borrowers to apply for the repair [7][8][9] - The policy aims to address the rising loan default pressures faced by residents due to macroeconomic factors, as existing credit rules retain overdue records for five years even after debts are settled [6][9] Impact on Individuals - For current overdue customers, the policy incentivizes prompt repayment. For those who have settled their debts but still have historical overdue records, the repair of credit records will help meet future loan demands, as banks consider credit history during risk assessments [9][10] Impact on Banks - If the policy effectively encourages overdue customers to repay, it could alleviate the pressure on retail asset quality, as overdue and non-performing loan ratios have been rising. For instance, as of Q3 2025, overdue and non-performing amounts for China Merchants Bank accounted for 69.7% and 56.4% of total retail loans, respectively [10][16] - While some customers may find it easier to obtain new loans post-repair, the overall increase in loan issuance is expected to be limited due to tightened risk controls in the banking sector [10]

Core Viewpoint - The People's Bank of China has announced a "one-time credit repair policy" aimed at supporting individuals with damaged credit who actively repay their debts, allowing for the removal of overdue information under certain conditions [1][8]. Group 1: Policy Details - The policy allows for the removal of overdue information for single overdue amounts not exceeding 10,000 yuan, provided that full repayment is made by March 31, 2026 [1]. - The credit repair process is automatic, requiring no application or documentation from individuals, and applies to various types of loans including personal, housing, and credit card debts [2][5]. - The policy encompasses overdue loans from all financial institutions connected to the central bank's credit system, including online lending platforms [2]. Group 2: Implementation Timeline - Overdue information will not be displayed in the credit system starting January 1, 2026, for debts repaid by November 30, 2025, and will be adjusted by the end of the following month for debts repaid between December 1, 2025, and March 31, 2026 [7]. - A three-month grace period from January 1 to March 31, 2026, is provided to facilitate the implementation of the policy and allow borrowers to repay their debts [7]. Group 3: Financial Institution Guidance - Financial institutions are advised to confirm the total amount owed by borrowers to ensure full repayment and compliance with the policy [9]. - The definition of full repayment includes settling both historical overdue debts and the current month's payment, with specific examples provided for clarity [9].

Economic Overview - The GDP growth for the first three quarters of 2025 is 5.2%, slightly down from 5.3% in the first half of the year, indicating a stable yet slightly slowing economy[3] - Social retail sales increased by 4.5% year-on-year, accelerating by 1.2 percentage points compared to the previous year, with final consumption contributing 53.5% to GDP growth[3] - Manufacturing investment grew by 4.0%, outperforming total investment growth by 4.5 percentage points, with high-tech industries showing significant investment increases[3] Inflation and Price Trends - Inflation concerns have eased, with the CPI rising to 0.2% year-on-year in October 2025, and the PPI's year-on-year decline narrowing to 2.1%[4] - Core CPI has shown a strong recovery, increasing to 1.2% year-on-year, marking six consecutive months of growth[4] - The report indicates a need for coordinated macro policies to promote reasonable price recovery amid various influencing factors[4] Global Economic Concerns - The report expresses heightened concerns about the cooling labor market in overseas economies, contrasting with previous assessments of strong labor markets in developed economies[5] - In September 2025, the U.S. CPI rose by 3.0%, below expectations, influenced by declines in housing and used car prices, while other major economies also reported high inflation rates[5] - The report notes a significant drop in U.S. non-farm employment growth, with only 22,000 jobs added in August, compared to 71,000 in the same month last year[5] Monetary Policy Adjustments - The report emphasizes the need for "counter-cyclical and cross-cyclical adjustments" in monetary policy, reflecting a shift from observation to active policy implementation[7] - The central bank has resumed buying government bonds, with a net purchase of 20 billion yuan in October 2025, indicating a potential increase in monetary easing[9] - The focus on credit policy remains on optimizing structure and supporting key areas, with new measures to assist personal credit recovery expected to be implemented by early 2026[10] Currency Stability - Concerns regarding the RMB exchange rate have diminished, with the report suggesting that the current level is acceptable to the central bank, focusing on the positive impact of exchange rate stability on the economy[11] - The report highlights the importance of maintaining a stable exchange rate to support foreign trade and cross-border capital flows[11]