CCTV News: On April 2, the State Information Office held a press conference to introduce the relevant situation of improving the social credit system.

Jiang Ping, Director of the Inclusive Finance Department of the State Administration for Financial Regulation, said at the meeting that the social credit system and financing activities are very close and mutually promoting. The construction of the social credit system has created a good environment for financing for small and micro enterprises. The State Administration for Financial Regulation attaches great importance to the construction of the social credit system and regards the collection and sharing of credit information of small and micro enterprises as an important means to improve the availability and convenience of financing.

Since October last year, the State Administration for Financial Regulation and the National Development and Reform Commission have taken the lead in establishing a "coordination mechanism for supporting financing for small and micro enterprises", organized local governments to carry out enterprise visits and docking, and obtained first-hand "living situations". One of the important links is that local government departments share the company's credit information in accordance with the law. In the progress of work, the construction of the social credit system has provided a very good foundation. Many regions have relied on the local credit information sharing platform and comprehensive financial service platform to develop a series of online modules such as visits, declarations, screenings, pushes, and feedback, which has greatly improved the efficiency of visits and docking. At the same time, this work also provides a good application scenario for the achievements of the construction of the social credit system. It can be said that these two work are mutually empowering.

Jiang Ping also introduced the current financing situation of small and micro enterprises. As of the end of February 2025, the national inclusive small and micro enterprise loan balance was 33.9 trillion yuan, a year-on-year growth rate of 12.6%, 5.7 percentage points higher than the growth rate of various loans. Among them, the balance of credit loans was 9.4 trillion yuan, with a year-on-year growth rate of 25.8%. The proportion of credit loans in inclusive small and micro enterprise loans reached 27.6%, an increase of 2.9 percentage points from the same period last year, and this proportion is also increasing year by year. In the first two months of 2025, the average interest rate of newly issued inclusive small and micro enterprise loans nationwide was 4.03%, down 0.33 percentage points from 2024, and a cumulative decrease of 3.9 percentage points since 2018.

In the next step, the State Administration for Financial Regulation will follow the overall goal of "maintaining quantity, improving quality, stabilizing price, and improving structure", and will continue to work with the National Development and Reform Commission to deepen and implement the "coordination mechanism for supporting financing for small and micro enterprises", promote the increase in information sharing, guide financial institutions to accurately connect, maintain the issuance of loans for small and micro enterprises, improve loan quality, scientifically and reasonably determine loan interest rates, optimize loan business structure, increase support for first loans, renewal loans, and credit loans, and better meet the financing needs of trustworthy small and micro enterprises.