The China Banking and Insurance Regulatory Commission’s Party committee held a meeting to study President Xi Jinping’s remarks at a symposium on private enterprises and set out implementation measures, focusing on strengthening banking and insurance support for the private sector. The regulator called for stable and effective growth in incremental credit to private enterprises, with increased support for first-time lending, renewals and unsecured credit loans for private micro and small firms. It also directed the system to build a more targeted bank–enterprise matching platform for key private investment projects, make full use of the small and micro enterprise financing coordination mechanism, implement the loan-renewal-without-principal-repayment policy, and use technology to improve inclusive finance. For real estate, it asked institutions to use the “whitelist” mechanism and a combination of financing tools to meet reasonable financing needs across different stages for property companies, including private developers, while also expanding insurance products, steadily advancing the equity investment pilot for financial asset investment companies, improving comprehensive financial services to private firms, and ensuring equal and fair market access across ownership types in the financial sector.

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