On December 29, the State Council Information Office held a regular policy briefing.
Mao Hongjun, head of the Inclusive Finance Department of the China Banking and Insurance Regulatory Commission, said at the meeting that as of the end of November 2021, the balance of loans to small and micro enterprises in China was 49.45 trillion yuan.
Among them, the balance of inclusive small and micro enterprise loans with a single-account credit of 10 million yuan and below was 18.73 trillion yuan, a year-on-year growth rate of 24.13%, which was 12.79 percentage points higher than the growth rate of various loans.
(Reporter Lang Jiahui)
Editor in charge: 【Luo Pan】