Core Insights - The People's Bank of China (PBOC) is enhancing financial support for inclusive micro and small enterprises, with a significant growth in inclusive micro and small loans [1][2] - As of June 2025, the balance of inclusive micro and small loans reached 35.6 trillion yuan, reflecting a year-on-year growth of 12.3%, which is 5.2 percentage points higher than the growth rate of all loans [1] - The average interest rate for newly issued inclusive micro and small enterprise loans was 3.48% in June 2025, down 12 basis points from March and 66 basis points from the same period last year [1] Financial Support Mechanisms - The PBOC is focusing on policy guidance, funding support, and capacity building to improve the financing accessibility, inclusiveness, and convenience for enterprises [1] - The total increase in inclusive micro and small loans in the first half of the year was 2.6 trillion yuan, indicating a substantial rise [1] Credit Loan Trends - The proportion of credit loans within inclusive micro and small loans has increased, with nearly 30% of these loans being credit-based as of June, up 0.7 percentage points from the previous quarter [2] - The balance of loans for technology-based small and medium enterprises reached 3.5 trillion yuan, showing a year-on-year growth of 22.9% [2] - Approximately 274,000 technology-based small and medium enterprises received loan support, with a loan acquisition rate of 50% [2]

央行：推动科技型中小企业贷款较快增长 加大"两重""两新"等重点领域的融资支持力度 智通财经8月1日电，中国人民银行召开2025年下半年工作会议暨常态长效推动中央巡视整改工作推进 会。会议要求，突出服务实体经济重点方向。做好金融"五篇大文章"，指导金融机构提升金融服务专业 化精细化水平。用好科技创新和技术改造再贷款政策，推动科技型中小企业贷款较快增长，加大"两 重""两新"等重点领域的融资支持力度。支持化解重点产业结构性矛盾，促进产业提质升级。合理保障 外贸企业融资需求。加强应收账款电子凭证业务监管与风险防范。 ...