Group 1: Challenges Faced by Small and Micro Enterprises - Small and micro enterprises are experiencing difficulties in financing due to prolonged cash flow cycles and reduced sales revenue, making it hard to secure loans from banks [1] - The average annual growth rate of loans to private enterprises has exceeded that of all loans by 1.1 percentage points over the past five years, indicating a growing support for these businesses [1] Group 2: Policy Initiatives and Financial Support - The recent passage of the "Private Economy Promotion Law" emphasizes financial support for the private sector, with specific measures aimed at improving the accessibility and convenience of financial services [2] - Financial regulatory authorities are establishing mechanisms to facilitate low-cost funding directly to enterprises, optimizing policies like non-repayment renewal loans to reduce capital turnover costs [3] Group 3: Financial Coordination and Efficiency - A comprehensive package of policies is being introduced to support financing for small and micro enterprises, focusing on increasing supply, reducing costs, improving efficiency, and creating a favorable environment [4] - The financial sector is encouraged to enhance the entire loan service process, particularly for small and micro enterprises, to improve their credit service capabilities [5] Group 4: Risk Management and Collaborative Financing - The government-backed financing guarantee system is crucial for alleviating the financing difficulties faced by small and micro enterprises, with a guarantee fee rate significantly lower than commercial levels [8] - There is a need for collaboration between fiscal and financial sectors, as well as between financing guarantees and credit services, to improve financial services for private enterprises [9]