China's National Financial Regulatory Administration, together with the Ministry of Finance, the Ministry of Agriculture and Rural Affairs and the People's Bank of China, has issued a notice setting out a post-transition “assistance microcredit” framework for rural residents with support needs, including core parameters such as eligibility, loan tenor, limits, pricing and interest subsidy arrangements. The measures broaden dedicated credit support beyond the previous poverty-alleviation microloan scheme and lift the maximum loan amount from CNY 50,000 to CNY 100,000. Eligibility is expanded from registered poverty-alleviated individuals to people in rural areas with ongoing assistance needs. Banks are required to strengthen specialised operating mechanisms, tilt internal resources toward the programme, improve credit management processes, enhance risk controls to improve the precision of loan origination, and reinforce post-lending management. The notice also optimises policy coordination across four areas: supervisory policy, monetary and credit policy, fiscal policy, and information sharing and use. The National Financial Regulatory Administration will work with the other departments to implement the notice.
China Banking and Insurance Regulatory Commission 2026-02-28
China's National Financial Regulatory Administration issues joint notice on assistance microcredit raising maximum loan to CNY 100,000
China's National Financial Regulatory Administration, alongside other ministries, has issued a notice establishing a post-transition "assistance microcredit" framework for rural residents, increasing the maximum loan amount to CNY 100,000. The framework expands eligibility and requires banks to enhance credit management and risk controls. It also optimizes policy coordination across supervisory, monetary, fiscal, and information-sharing areas.