State Administration of Financial Supervision and Administration: Increase lending to small and micro enterprises, with a focus on supporting sectors such as technology, consumption, and foreign trade.

On May 19, the China Banking and Insurance Regulatory Commission issued a notice on the financial services for small and micro enterprises in 2026. The notice emphasized the importance of supporting the financing needs of small and micro enterprises, promoting stable investment, improving financial services for private enterprises, and boosting economic growth. It also highlighted the need for banks to provide credit that matches the needs of small and micro enterprises, particularly in areas such as technology, consumption, and foreign trade. The notice also outlined the importance of enhancing the coordination mechanism for financing small and micro enterprises, improving online and offline communication channels, and encouraging financial institutions to actively participate in local economic development. Additionally, it called for the improvement of credit quality, sustainable development of financial services, and strengthening of risk monitoring by banks. Furthermore, the notice emphasized the need for financial institutions to enhance their supply system, strengthen development capabilities, and ensure high-quality development of credit services. It also urged insurance companies to enhance their management mechanisms, expand service areas, and increase the supply of insurance services. Overall, the notice provided guidance on credit information sharing, departmental collaboration, policy implementation, and experience sharing to promote cooperation and effectiveness in financial policies.