Core Viewpoint - The People's Bank of China, along with 12 departments, has issued a plan to support the enhancement and expansion of consumption in Beijing, focusing on financial assistance for small and micro enterprises [1] Group 1: Financial Support for Enterprises - The plan emphasizes the continuation of interest subsidies for first-time loans to small and micro enterprises in Beijing, aimed at reducing their financing costs [1] - There is a strong focus on providing financial services to private and small enterprises, as well as individual businesses that have a strong capacity for job creation [1] Group 2: Entrepreneurship Support - The implementation of guaranteed loans for entrepreneurship will be deepened, with ongoing interest subsidies for these loans [1] - The plan aims to actively seek support from central inclusive finance special funds, ensuring proper management and use of funds to promote income growth for eligible individuals and enterprises [1]

Group 1: Central Bank Operations - The People's Bank of China conducted a reverse repurchase operation of 112 billion yuan with a 7-day term at an interest rate of 1.40%, with both the bidding and winning amounts being 112 billion yuan [1] Group 2: Entrepreneurship Support in Shaanxi - Shaanxi province has announced measures to expand the scope of guaranteed loans for entrepreneurship, increase loan limits, interest rate caps, and subsidy ratios, while gradually reducing or waiving counter-guarantee requirements [2] - The policy aims to lower financing costs for entrepreneurs and attract more individuals to start businesses, particularly in economically promising regions [2] Group 3: Trust Company Regulatory Ratings - Recent regulatory ratings for trust companies indicate that the highest rating known is level 2, with no companies achieving level 1, which reflects a need for improved management and risk reduction [3] - The ratings serve as a critical measure of the operational status, management capability, and risk levels of trust companies [3] Group 4: Ant Group Rumors - Ant Group has denied rumors regarding the establishment of the world's first rare earth RMB stablecoin in collaboration with the People's Bank of China and China Rare Earth Group, cautioning the public against potential scams [4] Group 5: Meituan's Financial Services Expansion - Meituan has applied to register the trademark "Meituan Borrow Money," indicating its further expansion into the financial services sector [5] - This move may intensify competition in the financial sector and pose challenges to traditional financial institutions while offering more flexible financial product options [5]