Financial Overview - As of June 30, the total balance of financial institutions' loans in Jiangsu Province reached 28.09 trillion yuan, a year-on-year increase of 9.8% [1] - New loans added amounted to 2.09 trillion yuan, which is 152.9 billion yuan more than the previous year [1] - The total social financing scale increased by 2.63 trillion yuan, up by 434.4 billion yuan year-on-year [1] - Jiangsu continues to lead the nation in both new loans and social financing scale increments [1] Manufacturing Sector Support - Jiangsu's manufacturing sector is crucial for economic resilience and innovation, with medium to long-term loans in this sector growing by 15.1%, outpacing overall loan growth by 5.3 percentage points [2] - The Industrial and Commercial Bank of China provided a 2.2 billion yuan syndicated loan for a major project in the new materials industry, highlighting the financial sector's support for manufacturing [2] Financial Products for Innovation - Diverse financial products such as "Talent Loans," "Achievement Transformation Loans," and "Specialized and New Loans" are being developed to meet the financing needs of technology enterprises [3] - The "Su Chuang Rong" initiative enhances financial support for key areas like technology transformation and equipment upgrades [3] - By July 25, Jiangsu had issued 240.4 billion yuan in technology innovation bonds, indicating strong market engagement [3] Agricultural Financing - The "Su Nong Grain Trade Loan" provided credit support to grain purchasing enterprises, addressing seasonal funding needs without requiring collateral [4] - By mid-year, the loan balance for key agricultural sectors reached 1.01 trillion yuan, reflecting a 19% year-on-year increase [4] Consumer Market Activation - The Jiangsu banking sector has actively supported the agricultural economy, with over 1.2 billion yuan in loans directed towards various agricultural projects [6] - The People's Bank of China and other departments have introduced measures to boost consumer spending, including a 500 billion yuan incentive for service consumption and the elderly care sector [7] - Banks are expanding their consumer loan offerings into new consumption areas, enhancing digital capabilities to meet evolving market demands [7]

助力科技强省建设，江苏科技金融跑出"加速度" 金融"活水"，精准滴灌新质生产力 丁宗红介绍，在创新创优产品服务方面，江苏银行深入研究科技企业特征，构建"科创融"全周期产品服 务矩阵。比如，该行在业内首创服务技术转移转化的"成果转化贷"，与创投机构合作创新推出投贷联 动"融合贷"，并推出全线上智慧化融资产品"科创e贷"，先行先试贷款利息前低后补的"共赢贷"……"这 些创新金融产品可以全方位满足不同阶段科技型企业的金融需求，企业非常认可。"他说。 □ 南京日报/紫金山新闻记者 曹丽珍 推动更多科技创新和技术改造再贷款落地江苏，持续创新金融产品和优化服务来满足企业的金融需 求……记者近日从人行江苏省分行召开的新闻发布会上获悉，近年来，全省金融系统着力做好科技金融 大文章，推动"科技—产业—金融"融合发展，服务江苏加快发展新质生产力，以高质量科技金融服务高 水平科技强省建设。 金融"活水"，向"新"而流。据介绍，去年4月，为落实国务院常务会议关于推动新一轮大规模设备更新 和消费品以旧换新的决策部署，中国人民银行设立科技创新和技术改造再贷款，激励引导金融机构加大 对科技型中小企业、重点领域技术改造和设备更新项目的金融支 ...

Core Insights - Jiangsu Province's financial performance in Q1 2025 remains strong, leading the nation in new loans and social financing scale [1][3] - The average interest rates for newly issued enterprise loans and inclusive microloans are at historical lows as of March [4] Financial Performance - Jiangsu's total financial balance reached 27.59 trillion yuan, with a year-on-year growth of 10.1%, surpassing the national growth rate by 3.2 percentage points [3] - New loans in Q1 amounted to 1.58 trillion yuan, an increase of 164.2 billion yuan year-on-year [3] - Government bond financing increased by 270.7 billion yuan in Q1, a year-on-year increase of 198.3 billion yuan [3] - The total social financing scale increased by 2.06 trillion yuan, up 252.8 billion yuan year-on-year [3] Loan Structure and Support - Financial support for key sectors has intensified, with medium to long-term loans for manufacturing growing by 12.8% year-on-year, outpacing overall loan growth by 2.7 percentage points [3] - Loans for scientific research and technical services surged by 33.7%, the highest growth rate among all sectors [4] - Green loans increased by 594.5 billion yuan since the beginning of the year [4] - Loans to small and micro enterprises (with credit under 10 million yuan) grew by 22.9%, exceeding overall loan growth by 12.8 percentage points [4] Interest Rates and Financing Costs - The average interest rates for newly issued small and micro loans were 3.26% and 3.43%, reflecting year-on-year declines of 0.5% and 0.47% respectively [4] - The overall financing cost index for enterprises was at 42%, and the bank loan interest rate index was at 39.5%, both indicating a downward trend [4] Innovation and Technology Financing - The "Su Chuang Credit Loan" program has issued a total of 209.2 billion yuan, supporting technology-driven enterprises [5] - The "Su Chuang Rong" product has facilitated loans of 324.7 billion yuan to over 68,000 technology-based SMEs [5] - The establishment of the Nanjing Science and Technology Financial Reform Pilot Zone aims to enhance financial services for innovation [6]