Banking and insurance regulatory bureaus, policy banks, large banks, joint-stock banks, foreign banks, insurance groups (holding) companies, insurance companies:

To fully implement the spirit of the 19th and 19th plenary sessions of the Party and the spirit of the Central Economic Work Conference，In-depth implementation of the "14th Five-Year Plan" period of financial support for the development of small and micro enterprises related decisions and deployments，Approved by China Banking and Insurance Regulatory Commission，The notice on further strengthening financial support for small and micro enterprises in 2022 to reduce the burden of relief, recovery and development is as follows:

First, adhere to stability while seeking progress, and continue to improve the financial supply of small and micro enterprises

(1) General requirements。Comprehensively, accurately and comprehensively implement the new development concept, focus on the strategic tasks of "six stability" and "six guarantees", strengthen and deepen financial services for small and micro enterprises, support the rescue and recovery of small and micro enterprises and high-quality development, and stabilize the macroeconomic market。Consolidate and improve the financial supply pattern with differentiated positioning and orderly competition。Further improve the quality and efficiency of financial services, and expand the coverage of services。We will steadily increase the credit supply of the banking sector to small and micro enterprises, optimize the credit structure, and promote a reasonable decline in comprehensive financing costs。We will enrich the products and businesses of Inclusive insurance, and better provide credit enhancement and security services for small and micro enterprises。

(2) Work objectives。Banking financial institutions generally continue to achieve the single-family credit of less than 10 million yuan (including) inclusive small and micro enterprise loans "two increases" target, that is, the growth rate of such loans is not lower than the growth rate of various loans, the number of households with loan balances is not lower than the level at the beginning of the year。We will increase the supply of credit loans and strive to continuously increase the proportion of credit loans in the balance of loans to inclusive small and micro enterprises。Efforts were made to increase the proportion of first borrowers among small and micro enterprise loan households, and large banks and joint-stock banks achieved a higher number of new first borrowers of small and micro enterprise legal persons in the year than in the previous year。Under the premise of ensuring the incremental expansion of credit supply, we will strive to generally achieve a decrease in the interest rate of new inclusive small and micro enterprise loans issued by the banking industry in 2022 compared with 2021。

Second, deepen supply-side structural reform and improve the efficiency of credit resource allocation

3. Improving the multi-tiered credit supply system for small and micro enterprises。Large banks and joint-stock banks should further improve the special mechanism of inclusive finance division, maintain the strategic focus of serving small and micro enterprises for a long time, give play to the advantages of network, technology, talent, information system, sink the center of service, better serve small and micro enterprises, and expand the first loan accounts。Local legal banks should adhere to their positioning, service small and micro enterprises as an important strategic direction of their own restructuring insurance, transformation and development, and make good use of monetary policy tools such as incremental incentives for inclusive small and micro loans and small re-loans introduced at the beginning of the year, effectively increase credit issuance, and strive to increase the proportion of credit loans for inclusive small and micro enterprises。Development banks and policy banks should continue to deepen and improve the sub-loan business model for small and micro enterprises in cooperation with commercial banks, and prudently explore the direct loan business for small and micro enterprises according to their own strategic positioning and business characteristics。

(4) Further enhance the availability of loans for small and micro enterprises。Banking financial institutions should strengthen the innovation of credit products, strengthen the mining and application of credit information of small and micro enterprises, and focus on improving the efficiency of credit loan issuance。In view of the asset-light characteristics of small and micro enterprises, we will actively promote movable property and right pledge financing services such as inventory, accounts receivable, intellectual property, and reduce excessive reliance on traditional collateral such as real estate。We will deepen cooperation between China's banks and insurance companies。Support banking financial institutions and the State financing guarantee fund and its cooperative guarantee institutions to carry out in an orderly manner the total "see loan guarantee" bulk guarantee business, provide credit support for small and micro enterprises, individual industrial and commercial households, and reasonably share loan risks。We will encourage government financing guarantee institutions to give priority to guaranteeing loans to small and micro enterprises and individual industrial and commercial households under the same conditions。Encourage insurance institutions to steadily carry out small and micro enterprises financing information insurance business, and give premium rates to high-quality small and micro enterprises。

(5) Do a good job in the continuation of the policy of deferred principal and interest payments and the management of loan terms。Banking financial institutions should do a good job of deferring the maturity of the principal and interest payment policy。Further promote the "borrow and repay" model, increase the implementation of the renewal policy, take the initiative to follow up the financing needs of small and micro enterprises, and actively support normal small and micro enterprise loans that meet the renewal conditions。For small and micro enterprises that have the willingness to repay, the ability to create jobs, and temporary business difficulties, we will take into account the extension and restructuring of loans, and independently negotiate the methods of loan repayment and interest payment in accordance with market-oriented principles。

(6) Consolidating the gains made to small and micro enterprises。The pricing mechanism of small and micro enterprise loan interest rate of banking financial institutions should dynamically reflect the trend of loan market quoted interest rate (LPR), and effectively transmit policy dividends such as currency, tax relief, and fiscal awards to the terminal interest rate price。For small and micro enterprise loans issued by financial institutions in cooperation with development and policy banks for sub-loan funds, the terminal average interest rate shall not be higher than the average level of similar loans of similar local institutions。

Third, strengthen financial support for small and micro enterprises in key areas and weak links, and help smooth the circulation of the national economy

(7) Continue to do a good job of financial services for small and micro manufacturing enterprises。Banking financial institutions should focus on increasing medium and long-term credit for small and micro enterprises in advanced manufacturing and strategic emerging industries, actively support the medium and long-term capital needs of small and micro enterprises in traditional industries in equipment renewal, technological transformation, green transformation and development, and help the steady growth of the industrial economy。Banking and insurance institutions should take the initiative to establish and improve the information docking mechanism with innovative smes, "specialized and new" smes, "small giants" enterprises and competent authorities, accurately obtain customers, and develop exclusive financial products。Banking and insurance institutions should standardize the development of supply chain finance, on the basis of strengthening risk prevention and control, rely on core enterprises, integrate financial products, customers, channels and other resources, and comprehensively use transaction data, capital flow and logistics information to provide a package of financial services for upstream and downstream small and micro enterprises。

(8) Strengthening financial support for small and micro enterprises' technological innovation。We will fully implement the strategy of innovation-driven development and support self-reliance at a high level of science and technology。Banking financial institutions should actively improve the technology credit service model, play a synergistic role with subsidiaries, provide continuous financial support for small and micro science and technology innovation enterprises, explore new business models such as "loan + external direct investment" with external investment institutions under the premise of controllable risks, and move forward financial services in the enterprise life cycle。We will strengthen science and technology insurance services, further promote the first pilot insurance for major technical equipment and the first pilot insurance for the secondary application of new materials, and diversify the types of intellectual property insurance business。

(9) Strengthen financial services for small and micro foreign trade enterprises in multiple dimensions。Banking financial institutions should optimize foreign exchange settlement and sales services and related credit management, strengthen foreign trade financial knowledge and business publicity, and provide small and micro foreign trade enterprises with foreign exchange hedging products suitable for their needs。The Export-Import Bank shall implement the relevant arrangements of The State Council, actively carry out loans for small and micro foreign trade enterprises, and enhance the ability to serve small and micro foreign trade enterprises。We will consolidate and improve the role of export credit insurance, further optimize the underwriting and claim settlement conditions of export credit insurance under the premise of controllable risks, and expand the coverage and scale of insurance coverage for small, medium-sized and micro foreign trade enterprises。Encourage banks and insurance institutions to cooperate in providing trade finance services under credit insurance for small and micro enterprises, give full play to the risk mitigation role of insurance policies, and continue to foster and develop insurance policy financing business under short-term export credit insurance。

(10) Expand financial coverage for micro-entities such as new citizens and individual industrial and commercial businesses。Banking and insurance institutions should focus on ensuring employment and ensuring people's livelihood，Focus on moving into new towns through employment, schooling and other ways to integrate into the local new citizen groups，Strengthen product and service innovation in response to their financial needs in entrepreneurship, employment, housing, education and training, medical care and pension security，We will increase insurance coverage，Optimize the process of account opening, salary payment, social security and housing provident fund payment and use，Make financial services more equitable and accessible。Banking financial institutions should effectively increase the credit supply to individual industrial and commercial households, improve credit evaluation and credit management according to the production and operation characteristics of individual industrial and commercial households, and ensure that the loan balance and the number of households of individual industrial and commercial households will continue to grow in 2022。For individual operators who do not need to apply for business licenses in accordance with the E-commerce Law, Measures for the Investigation and Punishment of unlicensed and unlicensed Operations and other laws and regulations, financial support should be given under the same conditions as individual industrial and commercial businesses。

11. Strive to improve regional balance in financial resource allocation。Banking and insurance institutions should give full play to the leverage role of finance on local economic and social development, actively participate in strengthening industries with local characteristics, tap market potential, help small and micro enterprises grow and expand, create and cultivate effective financing demand, and achieve positive interaction between supply and demand。When large banks and joint-stock banks formulate inclusive credit plans for small and micro enterprises, they should consolidate credit delivery tasks for first-level branches in less developed areas, and clearly require each first-level branch to give priority to satisfying the credit demand of relatively less developed areas within its jurisdiction when decompressing credit plans downward。In terms of internal fund transfer pricing (FTP), profit loss compensation, comprehensive performance assessment, marketing expenses, etc., it can be appropriately tilted to the relatively underdeveloped areas。

12. Improving the long-term mechanism for financial support in the fight against COVID-19 and disaster relief。Banking and insurance institutions should improve their emergency response capacity to public health events such as the COVID-19 epidemic and major natural disasters, and support small and micro enterprises in areas and industries affected by the epidemic to help themselves and develop。It is necessary to establish a rapid response mechanism that flexibly allocates financial resources and coordinates services, and open up green channels in credit financing, insurance claims settlement, online services, and technical support。

Fourth, to implement professional mechanisms for serving small and micro enterprises, and enhance comprehensive financial service capabilities

(13) The internal mechanism of "dare to lend and be willing to lend" for the standard supervision requirements。Banking financial institutions should carefully compare the evaluation indicators of commercial banks' financial services supervision for small and micro enterprises with the evaluation results of the previous year，We will further deepen and improve the professional mechanism for inclusive finance，Implement the requirements of institutional construction, performance assessment, internal transfer pricing, bad tolerance, credit due diligence exemption and so on，Check for gaps and omissions one by one，Perfect internal rules，Clear execution process，Timely and accurate communication of policy guidance to branches, especially grass-roots outlets and employees。Reasonably expand the authority of credit approval for qualified branches, appropriately simplify the review and evaluation process of branches, and improve the efficiency of loan approval。

(14) Take multiple measures to meet the non-credit financial needs of small and micro enterprises。Banking financial institutions should accelerate the promotion of simple account opening services for small and micro enterprises，According to business needs，In response to specific situations such as new Internet formats and epidemic prevention and control requirements，Improve account opening process，Set up account functions that match the degree of customer identity verification and account risk level，Accordingly, the requirements for supporting documentation are appropriately simplified，Improve user experience。It is necessary to carry out bill financing business based on the real trade background and actual capital turnover needs of small and micro enterprises, and it is strictly prohibited to discount bills without real trade background。Actively cooperate with the implementation of the Ordinance on the Protection of Payments to smes, and strengthen business screening and self-discipline。Encourage banking and insurance institutions to provide letters of guarantee and guarantee insurance products for qualified small and micro enterprises in the fields of engineering construction, bidding and bidding, and reduce the pressure on enterprises to borrow money for deposits。

(15) Strictly implement regulations on the management of credit financing fees and service prices。Banking and insurance institutions are strictly prohibited from illegally charging small and micro enterprises service fees or transferring service costs in disguise。When banking and insurance institutions cooperate with third-party institutions to carry out financial services for small and micro enterprises, they should understand the fees charged by third-party institutions to small and micro enterprises and assess the comprehensive financing costs of enterprises。The bank insurance institution shall require the third party institution to fully inform the small and micro enterprises of the tariff standard of the service provided by it, and clearly stipulate that the third party institution is prohibited from charging any fee to the small and micro enterprises in the name of the bank。It is necessary to continuously evaluate the cooperation model and promptly terminate the cooperation with institutions that do not conform to the quality and price of service charges。

(16) Strengthening risk management and data governance。Banking financial institutions should make real loans "three checks", strengthen internal control and compliance management, strictly prohibit fictitious small and micro enterprise loan use arbitrage, and prevent credit funds from flowing into the capital market and government financing platforms and other macro policy control areas。We will encourage more efforts to deal with non-performing loans of small and micro enterprises by means of write-off and transfer in accordance with the law。Banking and insurance institutions should improve the internal data governance system，Strengthening the construction of information systems，On this basis, the requirements of the supervisory statistical system should be strictly implemented，Clear responsibility，Focus on strengthening the quality control of key indicators such as the balance of loans to small and micro enterprises, the number of households, interest rates, and risk classification，Ensure that the statistics truly reflect the financial services of small and micro enterprises。

Fifth, promote the sharing and application of credit information, and promote the financing of small and micro enterprises

(17) Actively participate in promoting the construction of credit information sharing mechanisms and financing service platforms。Regulatory departments at all levels, banks and insurance institutions shall implement the requirements of the Notice of The General Office of the State Council on Issuing the Implementation Plan for Strengthening the Application of Credit Information Sharing to Promote the Financing of Small, medium and Micro Enterprises (State Office issued (2021) No. 52)，We took the initiative to strengthen communication with relevant central departments and local governments，Start with the supply side of financing，Promote sound information sharing networks，We will expand the scope of enterprise-related credit information sharing in an orderly manner，Enrich data collection and exchange methods，Improve the availability of credit information data，We will improve the functions of the financing credit service platform。Based on the highly localized characteristics of small and micro enterprises' production, operation and financing channels, we will further summarize and promote the good experience in the construction of provincial and municipal financing credit service platforms, and focus on improving regional information integration and sharing and application efficiency。

(18) Relying on credit information sharing mechanisms to accelerate the development and application of big data financial products。Banking and insurance institutions should grasp the favorable opportunity of accelerating the deepening of credit information sharing，Strengthen their own data capacity building，Make comprehensive use of big data and other financial technology means，Make full use of internal and external information resources，Broaden financing service scenarios，We will innovate and optimize financing models，Improve the credit review mechanism, credit evaluation model, business process and products。We will steadily promote digital transformation, build a digital operation service system and a financial service ecosystem, improve data management capabilities, and ensure independent control of key links in business operations, product research and development, risk management, and internal control。

(19) Strengthen credit information security and confidentiality management。Banking and insurance institutions should improve the security management system of credit information related to enterprises, implement confidentiality management responsibilities, and strengthen data security and privacy protection。The enterprise-related credit information obtained through financing credit service platforms at all levels shall not be used for activities other than providing financing support to enterprises。In cooperation with third-party institutions to carry out the application of enterprise-related credit information, a pre-procedure for security assessment shall be established。The enterprise-related data to be processed by a third party shall be desensitized according to the principle of "minimum and necessary" in accordance with the relevant regulatory provisions。When obtaining external enterprise-related data through third-party institutions, it is necessary to pay attention to the compliance risks of the data source, clarify the data ownership relationship, and strengthen data security technical protection。

6. Take the lead in supervision and strengthen support and guarantee

(20) Up and down linkage, hierarchical classification to strengthen supervision and guidance。Continue to implement the regulatory supervision and assessment method with corporate banking financial institutions as the main object and the CBRC and the CBRC working together。Conscientiously organize and carry out supervision and evaluation of financial services of small and micro enterprises in commercial banks, further give play to the role of "diagnosis instrument" and "baton" of evaluation, and focus on long-term mechanism construction。Strengthen the effective combination of regulatory evaluation with on-site inspection, statistical monitoring, window guidance and other regulatory means, and apply the evaluation results throughout the whole process of supervision。Strengthen supervision, inspection and special rectification, focusing on the implementation of financial service policies for small and micro enterprises in banks and insurance institutions, standardizing business charges, and the quality of statistical data, and seriously investigating and dealing with violations of laws and regulations such as infringing on the rights and interests of small and micro enterprises and data fraud。

(21) Horizontal coordination and comprehensive policies to enhance governance effectiveness。Regulatory departments at all levels should strengthen coordination and interaction with finance, development and reform, industry and information technology, taxation and other departments to achieve a "combination" of policies.。Take the initiative in the selection of demonstration zones for inclusive financial development, comprehensive performance evaluation of high-quality development, and business environment evaluation, and highlight the same direction。The banking and insurance regulatory bureaux should actively promote local governments to introduce policies and measures that are conducive to economic development and financing of small and micro enterprises, explore mechanisms that link the regulatory assessment and evaluation of banking and insurance institutions serving small and micro enterprises with government evaluation and rewards, and strengthen the support and guarantee of financial services for small and micro enterprises。