Private enterprises in Guangdong Province have again loaned over 120 billion yuan.

In January of this year, the People's Bank of China established a new 1 trillion yuan re-lending program to support private small and medium-sized enterprises. By the end of June 2026, Guangdong had cumulatively disbursed over 120 billion yuan in re-lending to private enterprises, ranking at the forefront nationwide. Stimulated by policies, the balance of loans to private small and medium-sized enterprises from financial institutions in Guangdong exceeded 1.8 trillion yuan, benefiting over 260,000 market entities, with credit resources continuously tilted towards weak links in the private economy.