Core Insights - The article emphasizes the importance of small and micro enterprises in stabilizing employment and improving livelihoods, highlighting the proactive measures taken by the Jiangsu Financial Regulatory Bureau to support their financing needs [1][4]. Group 1: Financing Support and Achievements - Jiangsu has organized visits to 4.03 million enterprises and issued loans totaling 1.9 trillion yuan, ranking among the top in the country [1]. - As of June, the loan balance for small and micro enterprises in Jiangsu reached 9.6 trillion yuan, reflecting a year-on-year growth of 16.7% [1]. - The banking sector's loan balance for private enterprises reached 7.9 trillion yuan by June, with a year-on-year increase of 10.7% [4]. Group 2: Coordination Mechanisms - The Jiangsu Financial Regulatory Bureau established a working mechanism with the provincial development and reform commission and the provincial financial office to enhance the efficiency of financial services [2]. - A "thousand enterprises, ten thousand households" outreach initiative was launched to improve financial service penetration [2]. - Regular training and coordination meetings are held to optimize strategies and ensure smooth operation of the support mechanisms [2]. Group 3: Innovative Financial Services - Jiangsu Bank has shifted its approach from passive response to proactive empowerment, implementing a "six specialized mechanisms" to streamline financing channels for small enterprises [3]. - The bank has introduced innovative digital tools for seamless loan renewals and proactive credit assessments [3]. - A total of 53 industry service plans have been developed to enhance financing quality and efficiency [3]. Group 4: Targeted Financial Initiatives - A special action was launched to expand first-time loans for technology-based enterprises, directing financial resources towards the private economy [4]. - Financial institutions have provided credit to 27,000 foreign trade enterprises, with loans exceeding 250 billion yuan and export credit insurance coverage surpassing 50 billion USD [4]. - The number of individual business loans increased by 230,000 compared to the previous year, indicating a targeted approach to support various types of individual businesses [4]. Group 5: Collaborative Efforts and Results - The collaboration between local government and banks has led to successful financing solutions for enterprises facing challenges, such as a specific case where a company received a 3 million yuan loan within five days [5][6]. - Since the launch of a financial initiative on October 15, 2024, the bank has issued credit to nearly 60,000 enterprises, with a total credit amount exceeding 330 billion yuan [6]. - The average annual interest rate for loans to clients on the government recommendation list is capped at 3%, demonstrating a commitment to reducing financing costs for small enterprises [6]. Group 6: Enhancing Financial Accessibility - The Jiangsu Financial Regulatory Bureau has improved the efficiency of loan applications by integrating various data sources to create customer profiles for banks [7]. - New financing models, such as "data+" and "patent+", have been explored to increase credit loan issuance [7]. - The average interest rate for newly issued inclusive small micro loans has decreased by 34 basis points compared to the previous year, reflecting efforts to enhance financial accessibility [8].

Core Viewpoint - Jiangsu Province has achieved a historic milestone with all 13 cities making it to the GYBrand China Top 100 Cities list, highlighting the importance of inclusive finance in supporting balanced economic development [2] Group 1: Inclusive Finance in Jiangsu - Jiangsu's small and medium enterprises account for approximately 98% of the total number of enterprises in the province, making inclusive finance crucial for financial services [2] - The People's Bank of China reported that as of the end of Q1 2025, the balance of agricultural loans reached 52.9 trillion yuan, with a year-on-year growth of 8.4%, outpacing the growth of all loans by 1.5 percentage points [3] - Challenges in rural inclusive finance include issues such as data fragmentation, ineffective traditional credit assessments, and the high cost of service delivery in sparsely populated areas [4][5] Group 2: Policy Initiatives and Innovations - The "Implementation Plan for High-Quality Development of Inclusive Finance in the Banking and Insurance Industries" was released to address pain points in rural finance, proposing measures like expanding the range of rural property as collateral and optimizing credit approval models [6] - Jiangsu Bank has implemented a "three-link" mechanism to integrate financial services into agricultural supply chains, focusing on various agricultural sectors and providing tailored financial products [7] - The "Su Nong Cloud" platform has been launched to address data isolation and credit issues, enhancing farmers' access to financing through improved data integration [8] Group 3: Support Amid Trade Challenges - The trade tensions initiated by the Trump administration have significantly impacted Jiangsu's export-dependent economy, with the province's foreign trade dependence reaching 41% in 2024 [9] - Jiangsu Bank has established a specialized task force to support foreign trade and employment, ensuring that credit needs of businesses are met without arbitrary loan withdrawals [9][10] - The bank has also introduced a "green channel" for companies facing difficulties, providing stable employment loans and utilizing risk compensation tools to mitigate credit risks for foreign trade enterprises [11]

Group 1: Company Financing and Support - Jiangsu Bank has developed a financing solution called "Su Trade Loan" to support small and micro enterprises, resulting in a company receiving 8 million yuan in funding to expand production and increase sales by 31% in the current quarter [1] - Jiangsu Bank has injected financial resources into over 40,000 enterprises, with a cumulative credit of nearly 400 billion yuan, promoting high-quality development of the real economy [1] - The bank has implemented a "six specialized mechanisms" to enhance financing channels for small and micro enterprises, focusing on personalized services and efficient processes [2] Group 2: Technological Empowerment and Service Efficiency - Jiangsu Bank has strengthened the promotion of non-repayment renewal loans for small and micro enterprises, introducing smart tools like "proactive invitation" and "simulated approval" to enhance service efficiency [3] - The bank has created a "hot map" for small and micro enterprise connections, ensuring that enterprise needs are met quickly and effectively through a comprehensive management process [3] Group 3: Support for Private Enterprises - Jiangsu Bank has increased credit loans and medium-to-long-term loans for various types of private enterprises, focusing on sectors like technology, manufacturing, and agriculture [4] - The bank has launched the "Su Yin e-chain" system to provide fully online financing for small and medium-sized private enterprises, enhancing their operational management capabilities [4] Group 4: Support for Foreign Trade Enterprises - Jiangsu Bank has established a specialized action team to support foreign trade enterprises, ensuring that necessary credit needs are met without arbitrary loan reductions [7] - The bank has introduced the "Su Trade Loan" product to assist foreign trade companies in financing, providing timely loans to alleviate payment pressures [7] Group 5: Innovation in Financial Services - Jiangsu Bank has initiated a special action plan to expand first-time loans for technology enterprises, enhancing coverage and support for innovation [8] - The bank has launched the "Achievement Transformation Loan" to assist in the transfer and transformation of technological achievements, promoting collaboration between technology and industry [8][9]