China's National Financial Regulatory Administration has issued a notice on 2026 financial services for small and micro enterprises, directing banks and insurers to step up support for small, micro and private businesses while improving service quality. It sets the year's policy goal as stable lending, a better financing structure, stronger credit asset quality and sustainable business development. Banks are expected to provide credit supply that matches economic conditions and the financing needs of small and private firms, with reasonable loan growth and better quality. The notice highlights first-time loans, credit loans and medium- to long-term loans, increased lending to incorporated small and micro enterprises, and support for technology, consumption and foreign trade. It also strengthens the small business financing coordination mechanism through regular online matching channels, offline outreach and a joint consultation mechanism. Banks are asked to improve risk monitoring, development capacity and resource support, while insurers should strengthen management arrangements, broaden service areas and increase insurance supply. The notice also calls for stronger credit information sharing, cross-department coordination, policy transmission and dissemination of practical experience.
China Banking and Insurance Regulatory Commission2026-05-19
China's National Financial Regulatory Administration sets 2026 priorities for small and micro enterprise finance with expanded bank credit and insurance support
The China National Financial Regulatory Administration set 2026 policy goals for small and micro enterprise finance, targeting stable lending, better financing structures, stronger credit quality and sustainable development. Banks must expand and improve credit to small, micro and private firms, emphasizing first-time, credit and medium- to long-term loans, stronger coordination and risk monitoring, while insurers should broaden services and increase supply. The notice also calls for better credit information sharing and cross-department coordination.