每经记者|李玉雯 每经编辑|董兴生 在长三角这个经济活跃的区域，6家A股上市城商行正展现出稳中有进、韧性增长的态势。 面对银行业普遍承受的息差收窄压力，6家城商行前三季度均实现营收、净利润双增。拆解营收构成来 看，6家银行利息净收入全部实现同比增长，其中南京银行、江苏银行增速分别高达28.52%、19.61%， 在所有A股42家上市银行中亦居于前列。 与此同时，6家城商行均稳步推进资产规模扩张。9月末，江苏银行以4.93万亿元的资产总额居于城商 行"一哥"之位，资产规模较年初增幅达24.68%，也是A股上市银行中资产增速最快的银行。 《每日经济新闻》记者注意到，在资产规模扩容背后，6家城商行均呈现出存贷两旺的势头。进一步细 分来看，对公业务成为各家银行信贷扩表的主要支撑，各家银行在科技金融、普惠金融、绿色金融等领 域贷款投放显著增长。 此外，在信贷扩表的同时，各家银行资产质量保持稳健，不良贷款率较年初持平或下降，部分银行通过 推动可转债转股等方式夯实资本实力。 息差压力下，利息净收入仍实现同比增长 今年前三季度，长三角地区6家城商行均实现营收、净利润双增长，除苏州银行体量相对较小，其余5家 城商行盈利规模均在 ...

财务公司的业务范围主要集中在企业集团成员单位，在各类持牌金融机构中，它们略显神秘和低调，然 而一些实力较强的财务公司在规模等方面已超过部分城农商行。特别是在产融结合的浪潮下，财务公司 正从传统的企业内部金融机构，向产业链生态的"金融枢纽"角色转型升级。 中国证券报记者随中国财务公司协会调研团近日前往广东，对多家企业集团财务公司进行了跨行业调 研。尽管财务公司业务模式各具特色，却展现了相似的发展路径：从为成员单位提供低成本贷款和定制 融资方案起步，进而扩大外部融资、打通资金链堵点；随后聚焦产业链与新质生产力赋能；最终迈向以 产业金融和资金运营双轮驱动，全面提升集团在资金和数据方面的管理应用效率。这一演进历程，清晰 勾勒出财务公司发展的新图景。 ● 薛瑾 李蕴奇 财务公司在依托产业链提供"懂产业"的金融服务的同时，也在与经济转型升级需求同频共振。根据中国 财务公司协会数据，截至2024年末，财务公司各项贷款余额3.93万亿元，其中中长期贷款余额1.96万亿 元，比上年末增长7.27%。从投向行业来看，制造业贷款余额8568.02亿元，全年发生额1.02万亿元。其 中，高新技术企业贷款余额占比36.57%，战略性新 ...

从融资到融智：全生命周期产品体系破解科创企业"成长烦恼" 在珠海加速构建现代化产业体系、催生新质生产力的宏大叙事中，金融扮演着至关重要的"活水"角色。 近日，珠海农商银行以一系列扎实有力的行动，为这幅画卷添上了浓墨重彩的一笔——10月22日，成功 发行全市首单5亿元科技创新金融债券；10月28日，珠海农商银行科技支行正式升格挂牌开业。这一"资 本先行、机构升级"的双轮驱动战略，不仅彰显了其作为地方金融主力军的敏锐与担当，更标志着珠海 在科技金融服务的体系化、专业化建设上迈入了新阶段。 从专营到精营：科技支行的升格之路与生态构建 珠海农商银行科技支行的升格，是该行科技金融专业化发展道路上的重要里程碑。早在2017年，该行便 以前瞻视野在珠海率先设立首家科技支行，启动科技金融的专营化探索。近年来持续优化管理机制，配 备专业化团队、专项政策与专属产品，深度连接政府、创投机构与科技园区，以全市科技产业园区为核 心支点，构建覆盖珠海全域的综合金融服务网络，科技支行现已成为体系完备的科技金融专营机构，将 持续为珠海科技创新与产业升级注入金融动能。 此次升格不仅是机构层级的提升，更是科技金融服务能级的全面跃升 。为深化科技 ...

深耕产业链金融 集成电路、工业母机、新材料等重点产业链处于工业体系的核心基础环节，具有显著的基础性、先导性 和战略性地位，是构建现代化产业体系的关键支撑。《意见》提出，发挥结构性货币政策工具激励作 用，引导银行为制造业重点产业链技术和产品攻关提供中长期融资。 为加快金融强国和制造强国建设，中国人民银行、工业和信息化部等7部门于今年8月联合印发了《关于 金融支持新型工业化的指导意见》(以下简称《意见》)。近日，中国建设银行、中国银行等发布落实 《意见》要求的相关实施方案，进一步细化与新型工业化相适应的金融机制，全面支持我国新型工业化 深入发展。 药捷安康(南京)科技股份有限公司近期遇到了融资难题。中国银行依托科技金融授信模型，综合评估其 核心技术壁垒与研发管线价值，批复8000万元授信额度，并联动中银资本参与D+轮融资；同时，中银 国际、中银香港提供跨境财务顾问服务，助力企业登陆港股。 "在我国以间接融资为主的情况下，银行需要积极创新产品和服务，为科技型企业和重大科技项目提供 融资支持。同时，也要进一步优化完善上市制度，通过资本市场为科技型企业提供服务。"中国邮政储 蓄银行研究员娄飞鹏认为，在此基础上，各类金融 ...

Core Viewpoint - The "15th Five-Year Plan" period is crucial for achieving socialist modernization and promoting high-quality financial development, necessitating a transformation in financial services to meet new demands from emerging factors, industries, and business models [2][3]. Group 1: Financial Service Effectiveness - The financial system must deepen reforms to enhance its effectiveness in serving the real economy, addressing structural contradictions such as excess funds but difficulty in investment and financing [3][4]. - Five breakthroughs are essential for improving financial service effectiveness: building a national credit market, enhancing service capabilities for new factors, adapting to new industry types and business models, improving overall service integration, and forming a correct understanding of financial services for the real economy [3][11]. Group 2: Achievements During the 14th Five-Year Plan - Significant progress was made in the financial system during the 14th Five-Year Plan, with improvements in the financial institutional framework, market scale, and competitiveness of financial institutions [6][7]. - By September 2025, China became the world's largest credit market with a credit balance exceeding 270 trillion yuan, and the bond market's scale surpassed 190 trillion yuan [7]. Group 3: Enhancing Financial Services for New Factors - The rise of movable assets, represented by data and technology, necessitates a shift in financial services from immovable assets to movable assets, with a focus on enhancing service capabilities for these new factors [14][15]. - By the end of 2024, the contribution of the digital economy to economic growth exceeded 40%, indicating a significant shift in asset structures within enterprises [14]. Group 4: Adapting to New Industry Types and Business Models - New consumption patterns and technological advancements are reshaping the industry landscape, with service consumption and experience-driven consumption becoming mainstream [17][18]. - Financial institutions need to innovate their service models to better support new consumption scenarios and the unique characteristics of new technology enterprises [19][20]. Group 5: Overall Service Integration and Adaptability - Despite a rich array of financial products, the overall integration and adaptability of financial services remain insufficient, with challenges in responding to the comprehensive needs of enterprises [21][22]. - Financial institutions should enhance collaboration and develop innovative products that cater to the diverse needs of different industries, particularly in technology, digital, and green sectors [22]. Group 6: Correct Understanding of Financial Services - There are discrepancies in the understanding and practice of financial services among financial institutions, local governments, and enterprises, which can hinder the precise allocation of financial resources [23]. - It is crucial to establish a correct understanding of the relationship between finance and the real economy, ensuring that financial services prioritize supporting value creation in enterprises [23].

Core Viewpoint - The article emphasizes the importance of enhancing financial service efficiency to achieve the "15th Five-Year Plan" strategic goals, highlighting the need for deepening financial system reforms and improving support for the real economy [3][5][7]. Group 1: Financial Role in Economic Development - The "15th Five-Year Plan" is a critical period for achieving socialist modernization and promoting high-quality financial development [5][6]. - Financial services must play a key role in supporting technological innovation and the development of new productive forces, requiring better resource allocation in capital markets [7][8]. - The financial system needs to continue reforms to address structural contradictions in funding and project financing, ensuring effective capital conversion [4][8]. Group 2: Achievements During the "14th Five-Year Plan" - Significant progress was made in the financial system, including improvements in the financial institutional framework and market scale, with China becoming the world's largest credit market by September 2025 [9][10]. - The direct financing ratio increased to 31.6%, and the asset management scale of various institutions grew by 35% compared to the end of 2020 [9][10]. - Financial institutions have enhanced their service capabilities, particularly in supporting technological innovation and green transformation [11][12]. Group 3: Five Breakthroughs for the "15th Five-Year Plan" - The article outlines five key breakthroughs needed to enhance financial service efficiency: building a national credit market, improving service capabilities for new factors, enhancing services for new industries and business models, increasing overall service adaptability, and forming a correct understanding of financial services for the real economy [13][14][17]. Group 4: Building a National Credit Market - A national credit market is essential for the financial system and the unified market, requiring improvements in credit data collection and sharing [14][15]. - Financial institutions need to enhance their credit rating and assessment capabilities to better support small and medium-sized enterprises [16][17]. Group 5: Enhancing Services for New Factors - Financial institutions must adapt to the shift towards new asset forms, such as data and technology, and improve their service capabilities accordingly [17][18]. - There is a need for a comprehensive valuation system for new asset types, focusing on technology and data-driven industries [19][20]. Group 6: Adapting to New Industries and Business Models - The financial sector must innovate its service offerings to meet the demands of new consumption patterns and technological advancements [20][21]. - Financial institutions should focus on providing integrated financial services that align with the characteristics of new industries and business models [22][23]. Group 7: Overall Service Integration and Adaptability - Financial products need to be more integrated and adaptable to meet the diverse needs of enterprises, particularly in terms of financing options [22][23]. - Collaboration among financial institutions is essential to create a more cohesive service environment that supports various financing needs [23][24]. Group 8: Correct Understanding of Financial Services - There is a need for a correct understanding of the relationship between finance and the real economy, emphasizing that finance should serve the real economy effectively [24][25]. - Financial institutions must balance profitability with their role in supporting national strategic goals and local economic needs [24].

Core Viewpoint - The "15th Five-Year Plan" period is crucial for achieving socialist modernization and promoting high-quality financial development in China, necessitating a transformation in financial services to meet new demands from emerging factors, industries, and business models [1][2][3] Financial System Reform - The financial system must deepen reforms to enhance its effectiveness in serving the real economy, addressing structural contradictions such as excess funds but difficulty in investment and financing [2][5] - Five breakthroughs are needed to improve financial service efficiency: building a national credit market, enhancing service capabilities for new factors, adapting to new industry types, improving overall service integration, and forming a correct financial service concept [2][3][4] Achievements During the "14th Five-Year Plan" - Significant progress was made in financial service to the real economy, with improvements in the financial institutional framework and market scale [5][6] - By September 2025, China became the world's largest credit market with a credit balance exceeding 270 trillion yuan, and the bond market's scale surpassed 190 trillion yuan [6][7] Financial Institutions Development - Major state-owned financial institutions have strengthened, with the asset scale of the banking sector nearing 470 trillion yuan, and the securities industry rapidly developing [7][8] - Public funds have become the largest public investment product, with assets under management exceeding 36 trillion yuan, generating significant returns for investors [7][8] Financial Services for Innovation and Green Transition - Financial institutions are increasingly supporting technological innovation, with venture capital funds reaching 14.4 trillion yuan and supporting over 36,000 tech startups [8][9] - China has become the largest green credit market globally, with a significant increase in ESG investment practices among listed companies [8][9] Financial Market Opening - The financial system is expanding its openness, with over 160 licensed foreign financial institutions and significant foreign investment in domestic bonds and stocks [9][10] - Financial institutions are enhancing services for Chinese companies going abroad, facilitating cross-border transactions and listings [9][10] Enhancing Financial Service Capabilities - Financial institutions need to adapt to new economic dynamics by improving their service capabilities for new factors like data and technology, transitioning from real estate-focused services to those that support intangible assets [12][13] - There is a need for better valuation and pricing mechanisms for new asset types, with a focus on technology and data-driven investments [12][13] Addressing New Industry Types and Business Models - The shift towards new consumption and technology-driven industries requires financial institutions to innovate their service offerings, focusing on consumer experience and emotional value [15][16] - Financial services must evolve to support the unique characteristics of new technology firms, including high R&D costs and long development cycles [15][16] Improving Overall Financial Service Integration - Financial products need to be more integrated and adaptable to meet the diverse needs of enterprises, particularly in terms of flexible financing options [17][18] - There is a challenge in aligning financial services with the operational realities of businesses, especially for SMEs facing high entry barriers [17][18] Forming a Correct Financial Service Concept - A clear understanding of the relationship between finance and the real economy is essential, emphasizing that finance should serve as a tool for value creation [20][21] - The financial sector must balance profitability with its role in supporting national strategic goals and local economic needs [20][21]

Core Viewpoint - The Industrial Bank's Linyi Branch is actively promoting technology finance business by integrating technology, industry, and finance, aiming to support local technological innovation and economic development [1][3]. Group 1: Technology Loan Growth - As of the end of Q3 2025, the balance of technology loans reached 3.805 billion yuan, a 43% increase from the beginning of the year [1]. - The number of specialized and innovative enterprises served has increased to 94, covering key industries such as high-end equipment manufacturing, new materials, pharmaceuticals, and electronic information [1]. Group 2: Financial Product Innovation - The bank has developed a full lifecycle product system tailored to enterprise needs, including "High-tech Talent Startup Loans" for startups and "R&D Loans" for growth-stage companies [2]. - The "Xing Su Loan" product has provided over 150 million yuan in loans to 17 local specialized and innovative enterprises, including a 10 million yuan loan to a provincial-level enterprise in the baking sector [2]. Group 3: Collaboration and Policy Support - The bank has established communication mechanisms with local government departments and actively participates in platforms like the "Yimeng Financial Salon" to enhance policy coordination and enterprise services [3]. - The bank aims to position "Technology Finance" as its fourth brand identity, following "Green Bank," "Wealth Bank," and "Investment Bank," while continuously improving its service capabilities for innovative enterprises [3].

Core Viewpoint - The 23rd "Zhujiang Road No. 35" business salon held on November 3 in Harbin emphasized the importance of financial services in supporting the high-quality development of the real economy in Heilongjiang province [2] Group 1: Financial Support for Real Economy - Liu Jiabin, Chairman of Jintaiyang Investment Group, highlighted that the real economy is the foundation of the national economy and financial institutions should empower its development through diverse means [2] - Liu suggested that Heilongjiang can learn from the experiences of Shandong Weifang Postal Savings Bank and Hubei Wuhan Transportation Bank to develop new financial products such as patent and trademark pledge financing to support the real economy [2] Group 2: Company Overview - Jintaiyang Investment Group has been operating in Heilongjiang for nearly 30 years, with business segments including commerce, liquor, and pharmaceuticals, employing over 1,000 staff [2] - The group has received multiple honors, including being recognized as a high-tech enterprise in Heilongjiang, a creditworthy enterprise, a model for youth private enterprise entrepreneurship in Harbin, a civilized unit in Heilongjiang, and a national advanced unit in pandemic response [2]

Core Viewpoint - The "15th Five-Year Plan" emphasizes the strategic goal of accelerating the construction of a financial power, marking a significant shift from establishing a modern financial system to focusing on high-quality development and global competitiveness [1][2]. Financial Development Strategy - The "15th Five-Year Plan" outlines six core components of a financial power: strong currency, strong central bank, strong financial institutions, strong international financial center, strong financial regulation, and strong financial talent [1]. - The plan indicates a transition from foundational institutional building to a focus on quality enhancement and global competitiveness in financial development [2]. Central Bank and Monetary Policy - The plan calls for a comprehensive upgrade of the central bank system, emphasizing the establishment of a robust monetary policy framework and a macro-prudential management system [6][8]. - The focus is on improving the transmission mechanism of monetary policy and developing digital currency, which is crucial for enhancing the financial system's efficiency and risk resistance [6][8]. Capital Market Reform - The "15th Five-Year Plan" aims to enhance the capital market's functionality and efficiency, addressing the challenges of investment and financing coordination [10]. - It emphasizes the need for a more inclusive and adaptable capital market system to support new industries and innovative enterprises [11]. Risk Management and Financial Stability - The plan highlights the importance of systemic risk prevention and management, particularly in key areas such as real estate, local government debt, and small financial institutions [12][13]. - It advocates for a coordinated approach between central and local regulatory bodies to effectively manage financial risks [14]. Financial Institutions and Governance - The plan encourages financial institutions to focus on their core responsibilities and improve governance, aiming to reduce homogenization and associated risks [15]. - It supports the differentiation of financial institutions to enhance their roles in serving the real economy and stabilizing the financial system [15].