In accordance with the guiding principles of the State Council’s “Implementation Opinions on Promoting the High-Quality Development of Inclusive Finance” (State Council Document [2023] No. 15, hereinafter referred to as the “Implementation Opinions”), and in order to actively serve and integrate into the new development paradigm, fully leverage major strategic opportunities such as the construction of the New Western Land-Sea Corridor, international gateway ports, and pilot free trade zones, and effectively promote a significant improvement in the coverage, accessibility, and satisfaction of financial services in our city,enhance the public’s sense of fulfillment regarding financial services, and further promote the high-quality development of inclusive finance across the city, this plan is formulated in light of local conditions.
I. General Requirements
(1) Guiding Principles.
Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, we will thoroughly implement the spirit of the 20th National Congress of the Communist Party of China, earnestly carry out the decisions and arrangements of the Party Central Committee and the State Council, firmly uphold the political and people-oriented nature of financial work, fully, accurately, and comprehensively implement the new development philosophy, deepen financial supply-side structural reform, advance the high-quality development of inclusive finance, enhance the capacity to serve the real economy, prevent and defuse various financial risks, and contribute to building a coastal canal city characterized by high-quality development, high-level openness, and a high-quality life.
(2) Basic Principles.
— Adhere to government guidance and market-driven development.Fully leverage the government’s guiding role in overall planning, organizational coordination, policy support, and environment creation; support and encourage financial institutions to base their operations on market demand, strengthen the supply of financial products and services in accordance with market-oriented and rule-of-law principles, and enhance the equity and convenience of financial services. Give full play to the decisive role of the market in resource allocation; guided by market demand, harness the initiative and creativity of market entities; make comprehensive efforts and achieve breakthroughs on multiple fronts; strengthen technology-driven empowerment; continuously deepen reforms; and comprehensively promote high-quality financial development.
——Adhere to following higher-level directives and proceeding in a steady and orderly manner. Uphold the principles of “steady and orderly progress, putting people first, risk prevention and control, and serving the real economy.” Focus closely on the key tasks outlined in the Implementation Opinions, prioritize advancing the accessibility and convenience of inclusive financial services, and strive to build a higher-level inclusive financial system.
— Adhere to multi-party coordination and the formation of a synergistic force. Centered on the four-way coordination of “government and market, financial regulatory authorities and financial institutions, financial institutions and enterprises, and municipal-level and county/district-level authorities,” we will advance efforts in a coordinated manner tailored to local conditions. We will fully leverage the inclusive finance development model characterized by the government providing the platform, regulatory guidance, enterprise participation, and the integration of online and offline platforms.
(3) Work Objectives.
Strengthen overall coordination, improve working mechanisms, integrate and refine support policies, optimize policy transmission efficiency, clarify the specific pathways for each department to promote the high-quality development of inclusive finance, gradually build a high-level inclusive finance system, further advance the high-quality development of inclusive finance, better meet the diverse financial needs of the people and the real economy, and drive continuous improvements in the accessibility and convenience of inclusive financial services.
II. Optimizing Products and Services in Key Areas of Inclusive Finance
(4) Supporting the Sustainable Development of Small and Micro Business Entities. Make full and effective use of re-lending and rediscounting policies, implement support tools for inclusive small and micro loans, and support banking financial institutions in expanding credit disbursement to small and micro enterprises.Encourage financial institutions to innovate online, unsecured, and on-demand small-amount quick-loan products that align with the operational characteristics and development needs of small and micro enterprises and individual business operators, to meet financing demands such as “Street Vendor Loans” and “Small Shop Loans,” and increase the issuance of first-time loans, renewal loans, unsecured loans, and medium- to long-term loans.Enhance financial service capabilities for science and technology innovation, implement business-friendly policies such as the “Guihui Loan,” and continue to provide financial services for key core technology R&D projects and “specialized, refined, distinctive, and innovative” enterprises. Focusing on building a city strong in industry, guide financial institutions to strengthen financing connections with manufacturing enterprises and actively innovate and diversify medium- and long-term loan products.Encourage the development of trade financing and export credit insurance services, and increase support for small and micro foreign trade enterprises. [The People’s Bank of China Qinzhou Branch, the Qinzhou Financial Regulatory Bureau, the Municipal Finance Bureau (Municipal Financial Affairs Office), the Municipal Bureau of Industry and Information Technology, the Municipal Science and Technology Bureau, relevant departments of the Qinzhou Port Area of the Free Trade Zone, and the people’s governments of all counties and districts shall be responsible according to their respective duties.]
(5) Supporting the Effective Implementation of the National Rural Revitalization Strategy. Continue to maintain overall stability in financial support for poverty-stricken areas; flexibly utilize re-lending and rediscounting for agriculture; ensure that support measures such as preferential loan interest rates for poverty-stricken areas remain unchanged and that credit disbursement continues at current levels; and properly manage small-scale credit services for the population lifted out of poverty during the transition period.Guide financial institutions to continuously increase financial resource allocation to key areas of rural revitalization. Improve financial service levels for farmers, returning and rural residents, and new types of agricultural business entities; effectively meet the financial needs of new urban residents such as agricultural migrants; and continue to increase the number of first-time borrowers. Proactively address the financing needs of grain production entities regarding capacity expansion, equipment upgrades, and technological improvements to promote stable and sustained growth in grain production.We will encourage the innovation of green financial products for rural revitalization and, in accordance with the law, prudently carry out financing activities secured by rural contracted land management rights, equity in collective assets, rural collective operational construction land use rights, and collective forest rights in our city’s urban-rural integrated development pilot zones.Encourage financial institutions to actively explore mortgage loans secured by agricultural assets such as live poultry and livestock, livestock pens, agricultural machinery, and greenhouse facilities. Develop agricultural supply chain finance, with a focus on supporting county-level advantageous and distinctive industries such as lychee, passion fruit, chili peppers, live pigs, broiler chickens, dairy water buffalo, giant oysters, shrimp, golden pomfret, dried tangerine peel, tea, and nursery stock.[The People’s Bank of China Qinzhou Branch, the Qinzhou Financial Regulatory Bureau, the Municipal Finance Bureau (Municipal Financial Affairs Office), the Municipal Agriculture and Rural Affairs Bureau, the Municipal Natural Resources Bureau, the Municipal Ecology and Environment Bureau, the Municipal Forestry Bureau, relevant departments of the Qinzhou Port Area of the Free Trade Zone, and the people’s governments of all counties and districts shall be responsible in accordance with their respective duties]
(6) Improve the quality of financial services in the livelihood sector. Revise the “Implementation Rules for National Entrepreneurship Guaranteed Loans at the Qinzhou Municipal Level” as appropriate, further optimize the management mechanism for entrepreneurship guaranteed loans, and increase efforts to publicize and disburse such loans to support self-employment and flexible employment among key groups such as migrant workers, college graduates, new urban residents, women, veterans, and persons with disabilities.Encourage the increased use of distinctive “Guihui Loan” financial products—such as “Entrepreneurship Guaranteed Loans,” “Support-for-the-Military Loans,” and “Qingsui Loans”—to expand the scale and coverage of entrepreneurship guaranteed loan business.Encourage the optimization of elderly-friendly financial products and services, and increase financial support for the elderly care services, healthcare services industries, and related projects. [The People’s Bank of China Qinzhou Branch, the Qinzhou Financial Regulatory Bureau, the Municipal Finance Bureau (Municipal Financial Office), the Municipal Civil Affairs Bureau, the Municipal Human Resources and Social Security Bureau, relevant departments of the Qinzhou Port Area of the Free Trade Zone, and the people’s governments of all counties and districts shall be responsible in accordance with their respective duties]
(7) Leverage the role of inclusive finance in supporting green and low-carbon development.Leveraging Qinzhou’s geographical advantages, we will coordinate efforts across multiple sectors—including finance, taxation, environmental protection, and financial institutions—to innovate green financial services. We will actively explore reforms in green credit, green bonds, green funds, and green insurance to promote the sustainable development of our city’s maritime economy. We will make effective use of monetary policy tools such as the Carbon Emission Reduction Support Tool and the Special Re-lending Facility for Clean and Efficient Coal Utilization to encourage financial institutions to actively provide low-interest loans to eligible enterprises and projects.Encourage and support innovation in green financial products, strengthen financial support for green agricultural development, and provide long-term, low-cost financing for green and low-carbon projects. [Responsibility lies with the People’s Bank of China Qinzhou Branch, the Qinzhou Financial Regulatory Bureau, the Municipal Finance Bureau (Municipal Financial Affairs Office), the Municipal Bureau of Industry and Information Technology, the Municipal Bureau of Ecology and Environment, the Municipal Bureau of Agriculture and Rural Affairs, the Municipal Bureau of Commerce, the Municipal Bureau of Forestry, relevant departments of the Qinzhou Port Area of the Free Trade Zone, and the people’s governments of all counties and districts, in accordance with their respective responsibilities]
III. Improve the Multi-tiered Organizational System of Inclusive Financial Institutions
(8) Guide various banking institutions to adhere to their respective roles and engage in healthy competition.Guide financial institutions to establish and improve the “three lists” of authorizations, credit approvals, and due diligence exemption, continuously refine the long-term mechanism for “daring to lend, willing to lend, able to lend, and knowing how to lend,” further deepen and solidify active support for small and micro business entities and rural revitalization, and improve the inclusive financial service mechanisms of branch offices. [Qinzhou Financial Regulatory Bureau, People’s Bank of China Qinzhou Branch, Municipal Finance Bureau (Municipal Financial Office) shall be responsible according to their respective duties]
(9) Leverage the complementary roles of other institutions. Harness the advantages of microfinance companies—flexibility, convenience, small loan amounts, and a decentralized approach—to actively establish and refine the “guarantee + microloan” business model. Strengthen cooperation with guarantee companies and re-guarantee companies to share customer resources and enhance the effectiveness of inclusive financial services.Enhance the service capacity and business share of financing guarantee institutions in county-level areas, guide more credit resources toward county-level enterprises, and continuously improve the precision and effectiveness of services for small and micro enterprises and the “agriculture, rural areas, and farmers.” Support the innovation of financing guarantee products, continuously enrich policy tools for financing guarantees to support industrial development, and expand the coverage of enterprises benefiting from these measures. Guide local financial organizations such as commercial factoring companies and pawnshops to focus on their core businesses and better serve key areas of local inclusive finance.[The Municipal Finance Bureau (Municipal Financial Affairs Office), Municipal Market Regulation Bureau, Qinzhou Financial Regulatory Bureau, relevant departments of the Qinzhou Port Area of the Free Trade Zone, people’s governments of all counties and districts, Guangxi Coastal New City Financing Guarantee Co., Ltd., Qinzhou Jinhaiwan Micro-loan Co., Ltd., and Qinzhou Small and Micro Enterprise Financing Guarantee Co., Ltd. shall be responsible in accordance with their respective duties]
IV. Improving the High-Quality Inclusive Insurance System
(10) Establish a high-quality agricultural insurance service system. Promote the expansion of coverage, diversification of products, and enhancement of standards in agricultural insurance. Implement comprehensive cost insurance and crop income insurance for rice and other grain crops in accordance with higher-level policies. Make full use of central and autonomous region fiscal incentive policies to encourage the development of insurance for local specialty agricultural products tailored to local conditions.Explore the development of new insurance products such as income insurance and weather index insurance. Leverage the role of agricultural insurance in disaster prevention and mitigation as well as post-disaster claims settlement to effectively reduce risks in agricultural production and operations. [Responsibility lies with the Municipal Finance Bureau (Municipal Financial Affairs Office), Qinzhou Financial Regulatory Bureau, Municipal Bureau of Agriculture and Rural Affairs, Municipal Forestry Bureau, Municipal Emergency Management Bureau, Municipal Meteorological Bureau, relevant departments of the Qinzhou Port Area of the Free Trade Zone, and the people’s governments of all counties and districts, in accordance with their respective responsibilities]
(11) Leverage the role of inclusive life insurance in safeguarding people’s livelihoods.Actively develop inclusive life insurance products targeting groups such as the elderly, farmers, new urban residents, low-income populations, and people with disabilities. Improve the city’s unified, localized system of inclusive commercial health insurance, promote the integrated development of medical insurance and commercial health insurance, and further enhance the level of medical coverage for insured individuals. Closely monitor claim settlement for these programs, actively collect feedback from the public, optimize coverage plans, strive to benefit more local residents, and contribute to the comprehensive development of our city’s multi-tiered medical security system.Strengthen the publicity and promotion of inclusive life insurance business, disseminate relevant knowledge to the public through multiple channels, and raise public awareness and enthusiasm for insurance participation.Encourage insurance companies to develop various commercial pension insurance products, strengthen communication and cooperation with relevant departments, and jointly promote the development of insurance services to meet diverse pension needs. [Qinzhou Financial Regulatory Bureau, Municipal Medical Insurance Bureau, Municipal Finance Bureau (Municipal Financial Office), Municipal Health Commission, Municipal Civil Affairs Bureau, Municipal Disabled Persons’ Federation, relevant departments of the Qinzhou Port Area of the Free Trade Zone, and people’s governments of all counties and districts shall be responsible in accordance with their respective duties]
V. Enhancing the Effectiveness of Capital Markets in Serving Inclusive Finance
(12) Expand direct financing channels for business entities. Enhance services for small and micro enterprises by implementing tiered management and targeted cultivation in accordance with the admission criteria of the multi-tiered capital market (including the Main Board, Growth Enterprise Market, Science and Technology Innovation Board, and National Equities Exchange and Quotations). Steadily advance shareholding restructuring and standardize development pathways to facilitate direct financing through the capital market for small and micro enterprises at all stages of development and of all types—particularly technology-based enterprises—thereby increasing the proportion of direct financing. Actively implement direct financing incentive policies.Actively utilize business-friendly financial policies such as the “Guihui Loan” and government-backed financing guarantees to guide financial institutions in increasing support for growth-oriented small and micro enterprises in the seed and startup stages, thereby broadening their financing channels. Encourage enterprises to issue specialized debt financing instruments for innovation and entrepreneurship. Strengthen publicity regarding bond financing policies for private enterprises, guide financial institutions to provide quality underwriting services, support eligible enterprises in raising funds through the bond market, and actively promote private enterprises to raise funds through the interbank bond market to reduce their bond financing costs.[Responsibility lies with the Municipal Finance Bureau (Municipal Financial Affairs Office), the People’s Bank of China Qinzhou Branch, the Municipal Development and Reform Commission, the Municipal Bureau of Industry and Information Technology, the Qinzhou Financial Regulatory Bureau, relevant departments of the Qinzhou Port Area of the Free Trade Zone, and the people’s governments of all counties and districts, in accordance with their respective duties]
(13) Diversify the ways in which the capital market serves agriculture-related entities. Guide and support eligible agriculture-related enterprises in accessing the capital market, utilizing direct financing and mergers and acquisitions through the multi-tiered capital market to accelerate transformation and upgrading, promote the efficient allocation of agriculture-related resources, and enhance the competitiveness of agriculture-related enterprises.Explore the launch of “insurance plus futures” pilot programs and encourage insurance institutions to develop agricultural futures and options products to better meet the price discovery and risk management needs of agricultural business entities and enhance agricultural risk mitigation capabilities. [The Municipal Finance Bureau (Municipal Financial Affairs Office), the People’s Bank of China Qinzhou Branch, the Qinzhou Financial Regulatory Bureau, the Municipal Agriculture and Rural Affairs Bureau, the Municipal Market Regulation Bureau, relevant departments of the Qinzhou Port Area of the Free Trade Zone, and the people’s governments of each county and district shall assume responsibility in accordance with their respective duties]
VI. Orderly Promotion of Digital Inclusive Finance
(14) Enhance the technological level of inclusive finance. Strengthen the role of technology in empowering inclusive finance; support financial institutions in deepening the application of technological tools such as the internet, big data, artificial intelligence, and blockchain to optimize inclusive financial service models, improve credit approval and risk management models, and enhance the accessibility and quality of financial services for small and micro enterprises, individual business operators, and agricultural entities. Relying on platforms such as “Guixinrong,” optimize big data credit services in key areas of inclusive finance to increase the loan approval rate and first-time loan rate for small, medium, and micro enterprises.Promote the application of the China Credit Information Service’s Accounts Receivable Financing Service Platform and vigorously develop online supply chain financing models centered on movable assets such as accounts receivable and government procurement orders. Promote the application of the Guangxi “Xinyidai” platform to support financing connections for small, medium, and micro enterprises. Make full use of the “Guihuitong” platform to improve corporate financing efficiency.Continue to deepen the financial innovation pilot program at the China-Malaysia Qinzhou Industrial Park. Design more pilot business application scenarios based on market demand to facilitate the implementation of the pilot program and significantly improve the level of cross-border RMB investment and financing facilitation services.[The Qinzhou Financial Regulatory Bureau, the People’s Bank of China Qinzhou Branch, the Municipal Finance Bureau (Municipal Financial Affairs Office), the Municipal Development and Reform Commission, the Municipal Industry and Information Technology Bureau, relevant departments of the Qinzhou Port Area of the Free Trade Zone, and the people’s governments of all counties and districts shall be responsible in accordance with their respective duties]
(15) Foster a healthy digital inclusive finance ecosystem. Promote the classification and tiered management of bank accounts and their applications, and drive the high-quality coordinated development of various mobile payment products that comply with unified banking industry standards.Advance the construction of the “Guihuinong” rural credit information system and establish an innovative financial service platform that directly reaches farmers. Support financial institutions in developing online application scenarios for financial support of rural revitalization, with a focus on increasing credit resource allocation to new types of agricultural business entities and weak links in the “agriculture, rural areas, and farmers” economy. Promote the establishment of an insurance product system that integrates online and offline channels and offers a diverse range of products, while optimizing smart claims settlement services. Promote the comprehensive application of technology to empower the digital development of the securities industry.Advance the intelligent and mobile transformation of financial institutions’ service outlets to foster a new ecosystem of comprehensive digital banking services. [Responsibility lies with the People’s Bank of China Qinzhou Branch, the Qinzhou Financial Regulatory Bureau, the Municipal Finance Bureau (Municipal Financial Affairs Office), the Municipal Bureau of Industry and Information Technology, the Municipal Development and Reform Commission, relevant departments of the Qinzhou Port Area of the Free Trade Zone, and the people’s governments of all counties and districts, in accordance with their respective duties]
(16) Improve the regulatory framework for digital inclusive finance. Fully incorporate digital inclusive finance into the regulatory framework, ensuring that the development of digital business operates under the premise of prudent supervision. Regulate the development of basic financial service platforms, strengthen anti-monopoly and anti-unfair competition measures, and regulate and guide the healthy development of capital in accordance with the law.Establish a cross-departmental and cross-level collaborative regulatory system for digital finance, strengthen the assessment of digital financial risks and risk prevention and control in key areas, improve financial statistical analysis and risk emergency response mechanisms, and fully utilize regulatory tools for financial technology innovation. Strictly investigate and punish illegal activities such as the unlawful processing of citizens’ personal information, strengthen the verification and rectification of internet equity financing platforms, strictly enforce market access management, enhance fund monitoring, and promote the establishment of supporting systems such as reporting mechanisms and policies for substantial rewards and severe penalties.[The Qinzhou Financial Regulatory Bureau, the People’s Bank of China Qinzhou Branch, the Municipal Finance Bureau (Municipal Financial Affairs Office), the Municipal Public Security Bureau, the Municipal Market Regulation Bureau, the Municipal Development and Reform Commission, the Municipal Intermediate People’s Court, the Municipal People’s Procuratorate, relevant departments of the Qinzhou Port Area of the Free Trade Zone, and the people’s governments of all counties and districts shall be responsible in accordance with their respective duties]
VII. Focus on Preventing and Mitigating Financial Risks in Key Areas
(17) Accelerate the reform and risk mitigation of small and medium-sized banks. Adhere to the principles of early identification, early warning, early detection, and early resolution; establish and improve risk warning and response mechanisms; and strengthen risk monitoring of rural commercial banks, rural credit cooperatives, and village banks. Guide local financial institutions to adhere to their positioning, focus on their core businesses, optimize corporate governance, strengthen capital constraints, strictly control risks, improve service levels, and steadily achieve high-quality development.In line with higher-level work arrangements, further deepen the reform of rural credit cooperatives, support the differentiated operations of city commercial banks, reinforce the primary responsibility of institutions and the accountability of shareholders, and ensure the fulfillment of local governments’ territorial responsibilities and the duties of relevant regulatory authorities. Effectively prevent high-risk institutions from being “listed,” and steadily and orderly advance the prevention and resolution of financial debt risks involving enterprises.[Qinzhou Financial Regulatory Bureau, People’s Bank of China Qinzhou Branch, Municipal Finance Bureau (Municipal Financial Affairs Office), relevant departments of the Qinzhou Port Area of the Free Trade Zone, and people’s governments of all counties and districts shall be responsible in accordance with their respective duties]
(18) Improve the governance mechanisms of small and medium-sized banks. Promote the deep integration of Party leadership and corporate governance; establish a corporate governance structure that is practical and tailored to the realities of small and medium-sized banks; and establish sound mechanisms for prudent and compliant operations, strict capital management, and incentive and constraint mechanisms. Strengthen equity management and enhance穿透审查 (penetration review); strictly investigate and punish illegal and non-compliant acts such as false capital contributions and circular capital injections.Strictly regulate the conduct of major shareholders and strictly prohibit non-compliant related-party transactions. [Qinzhou Financial Regulatory Bureau, People’s Bank of China Qinzhou Branch, Municipal Finance Bureau (Municipal Financial Affairs Office), Municipal Public Security Bureau, Municipal Intermediate People’s Court, relevant departments of the Qinzhou Port Area of the Free Trade Zone, and people’s governments of all counties and districts shall be responsible in accordance with their respective duties]
(19) Resolutely crack down on illegal financial activities. Strengthen monitoring and early warning systems for illegal financial activities; regularly or irregularly brief counties, districts, and relevant departments on monitoring findings to enhance capabilities for early prevention, early intervention, and precise resolution, thereby promptly mitigating risks related to financial stability. Intensify administrative enforcement and criminal prosecution; severely crack down on criminal activities conducted under the guise of inclusive finance; resolutely shut down illegal financial institutions; strictly investigate and punish illegal financial operations; and actively advance efforts to prevent and address illegal fundraising.Conduct public education campaigns on preventing illegal fundraising, widely publicize relevant laws and regulations on preventing illegal fundraising, and enhance the public’s ability to identify such activities. [Responsibility lies with the Municipal Finance Bureau (Municipal Financial Affairs Office), Qinzhou Financial Regulatory Bureau, People’s Bank of China Qinzhou Branch, Municipal Public Security Bureau, Municipal Market Regulation Bureau, Municipal Intermediate People’s Court, Municipal People’s Procuratorate, relevant departments of the Qinzhou Port Area of the Free Trade Zone, and the people’s governments of all counties and districts according to their respective responsibilities]
VIII. Enhancing the Legal Framework for Inclusive Finance
(20) Accelerate efforts to address regulatory gaps and shortcomings. Strictly enforce regulatory frameworks for small loan companies, financing guarantee companies, pawnshops, financial leasing companies, commercial factoring companies, and internet insurance businesses. In accordance with the autonomous region’s directives, strengthen supervision of new business models and products in the inclusive finance sector, and implement the system for risk prevention, early warning, resolution, and accountability.Actively explore and expand judicial pathways for more efficient disposal of non-performing assets in key areas of inclusive finance. Launch a special campaign to prevent and resolve financial risks through the recovery and collection of non-performing assets. Coordinate efforts across multiple departments to carry out the recovery and collection of non-performing assets. Accept and review cases involving leads on the recovery and collection of non-performing assets transferred by financial institutions; where criminal activity is suspected, refer such cases to judicial authorities for investigation and prosecution in accordance with the law.[Qinzhou Financial Regulatory Bureau, Municipal Finance Bureau (Municipal Financial Affairs Office), People’s Bank of China Qinzhou Branch, Municipal Public Security Bureau, Municipal Market Regulation Bureau, Municipal Intermediate People’s Court, Municipal People’s Procuratorate, relevant departments of the Qinzhou Port Area of the Free Trade Zone, and people’s governments of all counties and districts shall be responsible in accordance with their respective duties]
IX. Strengthen Policy Guidance and Governance Coordination
(21) Optimize the inclusive finance policy framework. Enhance policy coherence, leverage the overall effectiveness of coordinated policy packages—including monetary and credit policies, fiscal and tax policies, regulatory policies, and industrial policies—strengthen information sharing and exchange, and build a concerted effort to support inclusive finance.[Responsibility lies with the People’s Bank of China Qinzhou Branch, the Municipal Finance Bureau (Municipal Financial Affairs Office), the Municipal Taxation Bureau, the Qinzhou Financial Regulatory Bureau, the Municipal Development and Reform Commission, the Municipal Agriculture and Rural Affairs Bureau, and the Municipal Industry and Information Technology Bureau, in accordance with their respective duties]
(22) Strengthen the guiding role of monetary policy. Leverage the incentive and regulatory functions of policy tools such as re-lending and rediscounting for agriculture and small businesses, differentiated reserve requirement ratios, and the Macroprudential Assessment to guide the expansion of inclusive finance coverage. Utilize the Market Interest Rate Pricing Self-Discipline Mechanism to ensure the smooth functioning of interest rate transmission mechanisms, thereby better supporting and promoting inclusive finance. (Led by the People’s Bank of China Qinzhou Branch)
(23) Improve differentiated regulatory policies. Conduct regular regulatory evaluations of commercial banks’ services to small and micro enterprises and assessments of financial institutions’ contributions to rural revitalization. Strengthen the application of evaluation results to guide financial resources toward key areas and weak links, thereby further enhancing the quality and level of financial services for small and micro enterprises and rural revitalization. [Qinzhou Financial Regulatory Bureau, People’s Bank of China Qinzhou Branch, and Municipal Finance Bureau (Municipal Financial Affairs Office) shall be responsible in accordance with their respective duties]
(24) Make effective use of fiscal and tax policy support tools. Optimize fiscal policy tools supporting the development of inclusive finance and improve the efficiency of special funds allocated for inclusive finance. Implement the management system for the write-off of non-performing loans by financial institutions to enhance the efficiency of non-performing loan disposal in the inclusive finance sector. Focus on “precision delivery” of policies, ensuring targeted dissemination to key groups in inclusive finance such as small and micro enterprises, individual business operators, and farmers;Focus on “automatic access” to tax and fee reductions and exemptions; implement an intelligent processing model featuring “smart identification, automatic prompts, automatic pre-filling, and one-click access” for key inclusive finance groups—such as small and micro enterprises, individual business operators, and farmers—to ensure they benefit from preferential policies. [Responsibility lies with the Municipal Finance Bureau, the Municipal Taxation Bureau, relevant departments of the Qinzhou Port Area of the Free Trade Zone, and the people’s governments of all counties and districts, in accordance with their respective duties]
X. Optimizing the Development Environment for Inclusive Finance
(25) Improve the credit information sharing mechanism in key areas of inclusive finance. Leverage various financial information platforms to intensify efforts in aggregating, sharing, developing, and utilizing credit information, thereby providing multidimensional credit information support for the high-quality development of inclusive finance. Continue to deepen the “Bank-Tax Interaction” initiative; tax authorities and financial institutions will convert enterprises’ tax credit into financing credit, helping a wide range of tax-compliant enterprises achieve financing with “lower costs, faster approvals, and greater flexibility.”Regularly share data on defaulting debtors, periodically disseminating lists of such individuals and related information to promote the integration of social credit information resources. Aggregate administrative penalty and inspection information into the National Enterprise Credit Information Publicity System as required, and record it under the respective enterprises’ names to fully leverage its role in enhancing creditworthiness and facilitating financing. [Municipal Development and Reform Commission, People’s Bank of China Qinzhou Branch,Qinzhou Financial Regulatory Bureau, Municipal Finance Bureau (Municipal Financial Affairs Office), Municipal Bureau of Industry and Information Technology, Municipal Bureau of Human Resources and Social Security, Municipal Bureau of Ecology and Environment, Municipal Bureau of Agriculture and Rural Affairs, Municipal Bureau of Commerce, Municipal Market Regulation Bureau, Municipal Forestry Bureau, Municipal Intermediate People’s Court, Municipal People’s Procuratorate, Municipal Taxation Bureau, Qinzhou Customs, relevant departments of the Qinzhou Port Area of the Free Trade Zone, and the people’s governments of all counties and districts shall be responsible in accordance with their respective duties]
(26) Optimize the risk-sharing and compensation mechanism for inclusive finance. Deepen the development of the government-backed financing guarantee system, implement performance evaluation mechanisms for government-backed financing guarantee institutions, adhere to the principle of breaking even with minimal profit, and strengthen positive incentives for supporting agriculture and small businesses.Strengthen cooperation with the National Guarantee Fund and the autonomous region’s government-backed re-guarantee institutions; promote “head-to-head” bulk guarantee cooperation between banks and guarantee institutions; and steadily expand the scale of guarantee operations. [Responsibility lies with the Municipal Finance Bureau (Municipal Financial Affairs Office), Qinzhou Financial Regulatory Bureau, Municipal Bureau of Agriculture and Rural Affairs, Municipal Bureau of Industry and Information Technology, relevant departments of the Qinzhou Port Area of the Free Trade Zone, and the people’s governments of each county and district, in accordance with their respective duties]
(27) Accelerate the construction of the basic platform for financing registration.Vigorously publicize and promote the Unified Registration and Publicity System for Movable Property Financing and the Accounts Receivable Financing Service Platform. Guide financial institutions to optimize financing services for movable property and rights based on the registration system, reasonably broaden the scope of collateral, and improve the accessibility of financing for enterprises. [The People’s Bank of China Qinzhou Branch, the Municipal Finance Bureau (Municipal Financial Affairs Office), the Municipal Development and Reform Commission, the Municipal Industry and Information Technology Bureau, the Municipal Market Regulation Bureau, and the people’s governments of all counties and districts shall be responsible according to their respective duties]
XI. Strengthening Organizational Guarantees
(28) Uphold and strengthen the Party’s comprehensive leadership. Guided by the study and implementation of the spirit of the 20th National Congress of the Communist Party of China, earnestly implement the spirit of the Central Financial Work Conference, and effectively apply the Party’s leadership to all fields, aspects, and stages of promoting the high-quality development of inclusive finance. Strengthen the role of Party organizations at all levels and effectively transform the institutional advantages of the Party’s leadership into governance effectiveness.Deepen the comprehensive and strict governance of the Party, resolutely combat financial corruption, and advance the integrated approach of ensuring officials “dare not, cannot, and do not want to” engage in corruption. Improve the fiscal and financial risk resolution mechanism led by the principal leaders of local Party and government bodies. (Responsibility lies with relevant units, relevant departments of the Qinzhou Port Area of the Free Trade Zone, and the people’s governments of all counties and districts in accordance with their respective duties)
(29) Strengthen organizational coordination. Optimize the coordination mechanism for promoting the development of inclusive finance. Led by the Qinzhou Financial Regulatory Bureau, the People’s Bank of China Qinzhou Branch, and the Municipal Finance Bureau (Municipal Financial Affairs Office), with participation from the Municipal Development and Reform Commission, the Bureau of Industry and Information Technology, and other relevant departments, implement work plans according to their respective responsibilities and coordinate the resolution of major issues. Strengthen the monitoring and implementation of inclusive finance policies and work together to promote the high-quality development of inclusive finance.(Responsibility lies with relevant units, relevant departments of the Qinzhou Port Area of the Free Trade Zone, and the people’s governments of each county and district in accordance with their respective duties)
