The People's Bank of China releases "Analysis Report on Inclusive Financial Indicators in China (2024-2025)."

According to the Zhitong Financial APP, on November 7, the People's Bank of China released the "Analysis Report on China's Inclusive Finance Index (2024-2025)", pointing out that in 2024, China's inclusive finance, on the basis of continuing good development momentum, presented some new characteristics. Financial support for rural revitalization became more powerful, with financial resources in the agricultural sector accelerating towards agriculture, with balances of farm operating loans and consumer loans continuing to grow, and coverage of loans for poverty-alleviation populations steadily expanding. Credit support for private and small and micro enterprises continued to increase, with the size of loans to private enterprises growing continuously, and inclusive small and micro loans increasing in volume, decreasing in price, and improving in quality. The balance of loans for technology-based small and medium enterprises grew rapidly, with the loan approval rate continuously increasing. The number of bank settlement accounts continued to increase, and the efficiency of account services continued to improve. The pilot application of the digital RMB expanded to cover 26 regions in 17 provinces (cities), with application scenarios continuously expanding and the scale of digital payments steadily increasing.