中经记者 郝亚娟 夏欣 上海、北京报道 当前，我国普惠金融发展呈现出"量增、面扩、价降、质提"的良好态势。截至2025年三季度末，银行业 金融机构普惠型小微企业贷款余额36.5万亿元，同比增长12.1%。普惠型涉农贷款余额14.1万亿元，较 年初增加1.2万亿元。 中国人民大学中国普惠金融研究院（CAFI）院长贝多广指出，整个金融系统全部参与普惠金融业务， 形成了多元化、多层次、适度竞争的金融供给格局，提供了包括信贷、保险、理财、资本市场等在内的 多样化金融服务。从行业趋势来看，数字普惠金融成为重要推动力，从最初的"鲇鱼效应"逐步变为撬动 行业的"杠杆作用"，对消费者保护、金融健康等方面的认识亦在逐步加深。 第二，巩固提升普惠信贷体系和能力。一是完善普惠信贷管理体系。科学设定监管目标，加强监测督 导。完善监管评价评估机制、信贷政策导向效果评估机制。及时修订普惠信贷监管制度，优化发展环 境、促进可持续发展。二是提升小微企业信贷服务质效。引导银行保持对小微企业有效的增量信贷供 给。提高小微企业融资服务定价管理能力。聚焦重点领域健全专业化服务机制。三是加强"三农"领域信 贷供给。强化农业重点领域金融服务。积极助力构 ...

专题：第二十二届中国国际金融论坛 12月19日-20日，"第二十二届中国国际金融论坛"在上海举行，主题为：数字经济时代的智能金融生态 构建。世界银行集团国际金融公司（IFC）中国及蒙古国首席代表郗迪恪出席并演讲。 郗迪恪介绍到，世界银行集团由五个成员机构组成：国际复兴开发银行（IBRD）、国际开发协会 （IDA）、国际金融公司（IFC）、多边投资担保机构（MIGA）、国际投资争端解决中心（ICSID）。 中国企业已是集团在国内外提供关键商品和服务的合作伙伴。 他指出，过去几年，IFC更支持多家中国企业出海，将业务拓展到越南、孟加拉国、印度尼西亚以及非 洲多个国家。当前私营部门也面临地缘政治紧张局势、贸易限制、产能过剩、企业和消费者需求疲软， 以及融资渠道不均等诸多挑战。特别是中小企业，他们是创造就业的主力军，但融资渠道有限，成本偏 高，资金需求显著。 "这类企业背后往往是最需要我们支持的人群，包括青年人、农民、老年人和女性。我们需要采取创新 和综合的方法，动员各方力量，解决他们的困难。" 他重点介绍了IFC是如何通过普惠金融模式，细分行业和金融产品来支持中小企业发展的，包括有助于 农村振兴、中小微企业和女性的 ...

Core Viewpoint - The forum focused on the theme "'14th Five-Year Plan' Launch: Charting the Insurance Blueprint," discussing the high-quality development paths for the insurance industry during the "14th Five-Year Plan" period [6]. Group 1: Industry Development - The forum gathered nearly a hundred representatives from the "Top 108 in Chinese Insurance," along with senior experts from financial regulation, authoritative scholars, and core executives from enterprises to discuss the future development of the insurance industry [6]. - Liu Yunlong emphasized the need for a robust medical, health, and elderly care ecosystem, highlighting three key areas: industrial ecosystem construction, government-enterprise ecosystem collaboration, and policy ecosystem development [8][9]. Group 2: Industrial Ecosystem - Liu pointed out that central enterprises, insurance companies, and small and medium-sized enterprises are the three main players in the medical and elderly care sector, with insurance companies being the backbone due to their substantial financial resources and customer base [8]. - The current distribution of elderly care methods shows that home and community care account for nearly 99%, indicating a shift from the traditional "9073" model [8]. Group 3: Government-Enterprise Collaboration - Liu stressed that understanding public needs and aligning with government requirements are crucial for insurance companies to effectively serve society [9]. - Local governments play a vital role in supporting the development of medical and elderly care, which can be facilitated through state-owned assets and government procurement services [8]. Group 4: Policy Ecosystem - Liu highlighted the importance of combining financial and fiscal policies in developing the medical and elderly care sector, citing the U.S. retirement REITs market, which reached $1.4 trillion (approximately 10 trillion RMB) in 2024 [10]. - The domestic public REITs market for infrastructure is still in its early stages, with issuance scale not exceeding 200 billion RMB, but opportunities for development are expected to emerge as policies evolve [10]. Group 5: Financial Sector Involvement - By the end of 2024, the total assets of financial institutions in China are projected to reach 496 trillion RMB, with the banking sector accounting for 445 trillion RMB and the insurance sector for 36 trillion RMB [11]. - Liu suggested that relying solely on insurance funds to drive the development of medical and elderly care is insufficient, advocating for the involvement of commercial banks through financial asset investment companies (AIC) [11].

Core Viewpoint - The article emphasizes the importance of developing a high-quality elderly care system in response to population aging, highlighting the role of government and market collaboration in building a comprehensive elderly care ecosystem [2][3]. Group 1: Policy Guidance for Elderly Care Ecosystem - The current stage presents a significant opportunity in the elderly care industry, with a consensus on the need to establish a robust medical and elderly care ecosystem [3]. - The core of building an elderly care ecosystem involves integrating the elderly care industry with supply chains, services, and financial aspects to provide precise services for the elderly [3]. - Key stakeholders in the medical and elderly care sector include central enterprises, insurance companies, and small to medium enterprises, with insurance companies playing a pivotal role due to their financial strength and customer base [3][4]. Group 2: Development Strategies - The construction of a medical and elderly care ecosystem requires efforts in three areas: industrial ecosystem construction, government-enterprise ecosystem construction, and policy ecosystem construction [3][6]. - The industrial ecosystem should focus on market demand and align with government needs, with local governments playing a crucial role in providing inclusive elderly care services [3][4]. - The government can participate through state-owned assets and procurement services, emphasizing the importance of long-term care insurance and inclusive insurance [3][4]. Group 3: Role of Insurance Industry - The insurance industry is not just a payer but should act as a resource integrator, supervisor, and service provider within the elderly care ecosystem [5]. - Insurance companies can help clients plan for long-term health and elderly care expenses, leveraging their advantages in risk management and funding [5][6]. - The insurance sector's role includes promoting collaboration with medical institutions to enhance service efficiency and risk management [5]. Group 4: Policy Ecosystem Construction - The combination of financial and fiscal policies is crucial for developing the medical and elderly care ecosystem [6][7]. - Learning from the U.S. REITs model, there is potential for pension funds to invest in real estate that meets elderly care needs, contributing to stable returns [6]. - Local governments should take initiative by establishing guiding funds and collaborating with financial institutions to promote the development of the elderly care industry [7].

在"十五五"规划谋篇布局逐步展开之时，中央经济工作会议的召开为金融业如何开局指明了方向。 作为兼具经济属性与社会功能的金融组成部分，保险业既是实体经济的风险"防护网"，也是民生保障的 重要"压舱石"。落实中央经济工作会议精神，锚定战略方向成为当前保险业首要任务。 从行业自身发展看，保险业正处于从规模扩张向价值创造的深度转型期，这一阶段的关键命题，是 要找准定位破解结构性难题、夯实可持续发展根基。这不仅是行业自身高质量发展的需要，更直接决定 未来五年行业能否肩负起时代赋予的使命。 精准锚定战略方位，是保险业"十五五"开好局的重要基础。中央经济工作会议明确提出，引导金融 机构加力支持扩大内需、科技创新、中小微企业等重点领域。这就要求行业彻底摒弃"业绩为王"执念， 将经营发展深度对接国家战略导向。实体经济赋能方面，响应会议"因地制宜发展新质生产力""坚持'双 碳'引领，推动全面绿色转型"的号召，聚焦科技自立自强、绿色低碳等核心领域，加大科技保险、绿色 责任保险等特色产品研发。发挥保险资金"耐心资本"优势，为实体经济注入金融活水。民生保障领域， 紧扣会议"坚持民生为大，努力为人民群众多办实事"的部署，精准填补基本社保 ...

12月15日，中国人寿集团党委召开扩大会议，传达学习中央经济工作会议精神，落实全国金融系统 工作会议要求，研究部署贯彻落实工作。中国人寿集团党委书记、董事长蔡希良主持会议并讲话。 会议指出，要深刻把握党中央对经济形势的科学判断，进一步坚定发展的信心与决心。深刻领 会"五个必须"的规律性认识，进一步提升做好新形势下经济工作的能力水平，全面贯彻明年经济工作的 总体要求和政策取向，完整准确全面贯彻新发展理念，牢牢把握高质量发展的正确方向。认真对照明年 经济工作"八个坚持"重点任务，以更加有力举措做好金融"五篇大文章"，助力筑牢经济安全网、社会保 障网和灾害防控网，确保实现"十五五"良好开局。 会议要求，必须坚持党中央对金融工作的集中统一领导，加强党对金融工作的全面领导，确保党中 央决策部署在中国人寿不折不扣落到实处。推进全面从严治党向纵深发展，巩固拓展深入贯彻中央八项 规定精神学习教育成果，营造风清气正的政治生态。 会议还对中国人寿"十五五"规划编制、扎实做好岁末年初工作等提出要求。 责任编辑：杨喜亭 会议强调，要深入践行金融工作的政治性、人民性，找准贯彻落实着力点，立足主责主业，以高质 量发展助力金融强国建设。要 ...

论坛上重磅发布了《普惠金融：破局与新局》报告。报告中不仅梳理了普惠金融最新政策成果，也展现 了普惠金融从"广覆盖"到"精准化"的关键跨越，更结合普惠信贷、普惠保险、数字普惠等多方实践，探 寻金融服务与薄弱群体需求的适配路径。 如果说银行面临的难题在于"敢不敢放"，那么保险业则更多纠结于"能不能准"，以普惠型医疗险为例， 需要覆盖过往保险产品未覆盖过的人群、事件，因此保险公司在进行精算并对产品定价时，容易缺乏数 据支撑，导致定价不准确。 相较之下，证券业在普惠服务领域的短板，则更多体现在"通不通"和"懂不懂"两个维度上。新三板、区 域性股权市场对专精特新"小巨人"企业的覆盖有限，股权融资服务下沉至县域企业的能力不足；投资者 教育普惠性欠缺，农村地区、中老年群体等对资本市场认知薄弱，易陷入非法证券活动陷阱。 而消费金融行业作为普惠金融的重要补充，在市场竞争加剧的背景下，也陷入了"内卷与风险并存"的两 难境地，部分机构为抢占市场份额，盲目下调贷款利率、放松风控标准，导致"多头借贷""过度授信"问 题凸显。 北京商报记者 刘四红 近年来，消费贷规模持续稳步扩张。2025年三季度末，我国不含个人住房贷款的消费性贷款余额 ...

"特别高兴参加这次论坛，论坛的这两个议题特别好，第一个是普惠，第二个是科技，也是众惠相互的生存和发展的主题。如果说保险是承载民生保障的 船，科技就是驱动其破浪前行的帆。众惠相互将始终坚守'我为人人、人人为我'的互助精神，锚定特定风险人群的保障需求，以科技为翼，持续拓宽普惠保 险的服务边界，让保险真正扎根民生、惠及大众。"李静如是总结。 北京商报讯（记者 李秀梅）12月11日，由中外企业文化、北京商报社主办的2025年度北京商业品牌大会金融消费专题论坛在北京召开。在以普惠金融如何 走出"红海"，助力"消费新蓝海"为主题的圆桌论坛环节，众惠财产相互保险社（以下简称"众惠相互"）董事长李静表示，保险本身是一个经营风险的行业， 对于风险而言，识别风险、风险的减量管理本身都需要用科技来实现，保险机构需要不断地拥抱新科技，运用新科技，不断与时俱进。 李静表示，科技极大地提高了保险覆盖面，扩大了保险的可及性。一是打破覆盖壁垒，提升保障可及性。移动互联网、大数据技术的发展，让保险机构得以 精准、高效、低成本触达海量用户，大幅降低了产品定价门槛与服务成本，让低门槛、高性价比的保险产品走进千家万户，彻底打破了传统保险服务的地域 ...

Core Insights - Inclusive finance in China has experienced significant growth over the past decade, with the balance of inclusive loans for small and micro enterprises reaching 36.5 trillion yuan, reflecting a cumulative growth rate of 241.3% from 2019 to 2025 [1][4][5] Group 1: Development and Achievements - The inclusive finance sector has evolved from broad coverage to precision services, supported by policies, technology, and diverse financial products [1][4] - As of Q3 2025, the balance of consumer loans excluding personal housing loans reached 21.29 trillion yuan, with a year-on-year growth of 4.2% [4] - The public fund industry has also seen remarkable growth, with total assets reaching 36.74 trillion yuan by September 2025, marking a historical high [5] Group 2: Challenges and Competition - Despite significant achievements, the sector faces challenges such as product homogenization, pricing wars, and overlapping customer bases, leading to increased competition and risk [8][10] - Financial institutions are struggling with the "impossible triangle" of increasing accessibility, controlling risks, and providing price discounts [8][10] - The insurance sector faces challenges in accurately pricing products due to a lack of data, particularly for low-income groups [9][10] Group 3: Future Directions and Recommendations - To build a sustainable inclusive finance system, it is essential to balance policy guidance with commercial viability, ensuring that costs are covered and reasonable profits are achieved [10][12] - There is a need to address regional and structural imbalances in financial services, as well as to enhance the quality of services provided to vulnerable groups [11][12] - Financial institutions are encouraged to leverage technology and collaborative efforts to tackle the challenges in the inclusive finance landscape, particularly in rural and underserved areas [12][13]

"普惠"正在成为我国金融领域被提及最多的高频词之一。作为普惠金融的关键支柱与保险业践行社会责 任的核心载体，普惠保险始终以服务国计民生、促进社会公平为初心，从田间地头的农业保障到新业态 从业者的权益守护，从银发族的专属医疗保障到小微企业的经营风险护盾，用"小保费"撬动"大保障"的 民生智慧，在中华大地上织密一张兼具广度与温度的全民风险防护网。 如今，这张防护网正从"广覆盖"的规模扩张迈向"深耕耘"的质量升级，在政策护航、产品创新中回应多 元诉求，也在破解发展瓶颈的探索中，向着更精准、更可持续的高质量发展之路稳步前行。 精准滴灌 金融是国民经济的血脉，保险是经济的减震器和社会的稳定器，普惠保险更是保险业服务国家战略、增 进民生福祉、保障社会稳定的关键一环。 产品创新背后，是普惠保险从"量"到"质"的深刻转变。浙大城市学院副教授林先平表示，与3—5年前相 比，我国普惠保险在覆盖范围、服务质量、制度建设方面取得了显著进步。 两大难题 尽管普惠保险近年来在产品丰富度和覆盖范围上取得了一定进展，但供需错配、结构失衡的问题依然突 出。 正如中国人寿战略规划部总经理洪梅分析，普惠保险面临两大世界性难题：一是服务覆盖难题，即 ...