The National Financial Regulatory Administration announced on Tuesday that it had recently issued a notice calling for full use of the financing coordination mechanism supporting small and micro businesses in 2026, to guide financial institutions in stepping up support for the development of SMBs as well as private businesses.
The notice said efforts should be made to promote a stable credit supply, an optimized structure, improved quality and sustainability in financial services for small businesses, while enhancing financial support for private enterprises, helping sustain stable economic growth, and stimulating momentum for high-quality development.
The regulator said "a stable credit supply" means encouraging banking institutions to provide credit that matches economic development needs and the financing demands of SMBs and private businesses, so as to achieve effective improvement in loan quality and reasonable growth in loan volumes.
"Optimized structure" refers to strengthening support for first-time borrowers, unsecured loans, and medium- to long-term loans, while increasing lending to incorporated SMBs and focusing support on sectors such as technology, consumption and foreign trade.
