In recent years, our city has earnestly implemented the central, provincial and municipal deployment on financing, especially for supporting SMEs, which has achieved remarkable results. By the end of 2024, the balance of local and foreign currency loans of financial institutions in our city exceeded 1.3 trillion yuan with the fastest growth rate in the province. The growth rate of inclusive small and micro enterprise loans was 20.25%, ranking the second in the province. This has provided over 57.5 billion yuan to about 25,100 SMEs and self-employed entrepreneurs.

In order to further optimize financial services, we have thoroughly studied a series of national, provincial and municipal policies and measures. After learning from others’ best practices and asking for advises extensively, we have published Measures based on Yancheng’s own reality, which includes ten specific measures in four aspects, covering multiple fields such as credit supply, financial support, matching and innovation.