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The credit is over 10 trillion yuan! Support the coordination mechanism for financing of small and micro enterprises to achieve results
2025-05-04 source:Xinhuanet

Xinhua News Agency, Beijing, February 25 (Reporters Li Yanxia and Zhang Qianqian) The reporter learned from the State Administration for Financial Supervision and Administration on the 25th that since the launch of the coordination mechanism for financing support for small and micro enterprises in October 2024, the fourth-level working mechanism has been rapidly established and operated in an orderly manner, and achieved phased results. All localities have visited more than 50 million business entities such as small and micro enterprises, individual industrial and commercial households, and have a credit of more than 10 trillion yuan.

The State Administration for Financial Regulation and the National Development and Reform Commission jointly held a meeting to promote the working mechanism to support the financing of small and micro enterprises on the 25th. The meeting emphasized that we must resolutely eliminate all kinds of invisible barriers that hinder the financing of private and small and micro enterprises, fully support private and small and micro enterprises to overcome difficulties and develop healthily, and truly become a new driving force and new engine to promote high-quality economic and social development.

The meeting required that the valuable experience accumulated by various places should be summarized and promoted, the enthusiasm, initiative and creativity of all parties should be fully mobilized, and the goal of "directly reaching the grassroots, fast and convenient, and appropriate interest rates" should be closely focused on the goal of "directly reaching the grassroots level, fast and convenient, and appropriate interest rates", and the work mechanism for supporting the financing coordination of small and micro enterprises should be more effective, and strongly supported stabilizing enterprises, strengthening confidence, and promoting development. We must increase the efforts to visit enterprises and follow up and coordinate to solve practical difficulties. We must guide banking institutions to increase resource investment and improve service levels, help enterprises increase orders, expand markets, and enhance their ability and motivation to continue operations.

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