Core Viewpoint - The article highlights the establishment of a comprehensive financing coordination mechanism in Suzhou to address the financing challenges faced by private enterprises, particularly small and micro enterprises, aiming to create a more favorable business environment [1][2][3]. Group 1: Financing Coordination Mechanism - Suzhou has developed a "1+10+41" system for financing coordination, which includes one city-level mechanism, ten district-level responses, and 41 commercial banks actively participating [2]. - The city has implemented a "12345" working method that focuses on five dimensions: mechanism, process, big data, products, and publicity to create a new financing ecosystem [1][2]. Group 2: Policy Initiatives - The city plans to increase the growth rate of inclusive loans for small and micro enterprises to exceed the average growth rate of all loans, with a target of adding 100 billion yuan in new inclusive loans by 2025 [3]. - New policies aim to reduce intermediary steps and encourage banks to provide comprehensive financing services with stable or decreasing costs for small and micro enterprises [3]. Group 3: Accelerated Financing Processes - A three-tiered network has been established to enhance collaboration between government and banks, ensuring dedicated personnel are responsible for financing needs at various levels [4]. - By April 2023, the initiative has covered 770,000 small and micro enterprises, with 117,000 included in the recommendation list and 80,000 loan disbursements made [4]. Group 4: Diverse Financing Products - The city has focused on four types of loans: first loans, credit loans, non-repayment renewals, and transfer loans, significantly improving the financing experience for enterprises [5]. - As of now, 4,020 first loans have been supported, amounting to 15.7 billion yuan, while credit loans have reached 127.1 billion yuan, accounting for 26.2% of total loans [5]. Group 5: Innovative Financing Ecosystem - The city has conducted over 100 "one-time runs" to facilitate financing coordination and has enabled the issuance of 1.7 billion yuan in innovative bonds for enterprises [6]. - Digital technology is being leveraged to enhance service quality, utilizing extensive data to create precise profiles of enterprises for better financing solutions [6]. Group 6: Effective Communication and Outreach - A promotional matrix combining official and social media channels has been established to disseminate financing policies and services directly to enterprises, resulting in over 2,000 weekly inquiries [7]. - The city aims to continuously reduce burdens on private enterprises and empower them for high-quality development, establishing a model for financing services [7].