BEIJING, September 29, 2026: New financial-sector guidance in China places additional emphasis on improving credit access for small and micro businesses operating in the services sector.
The measures call for financial institutions to improve the reach of services for small enterprises and individual business operators while developing financing products that are less dependent on traditional collateral.
The policy details were reported by China Financial News.
Reducing financing barriers
Service businesses often have relatively limited fixed assets compared with manufacturing companies. The new guidance encourages lenders to use more suitable methods to assess and support these businesses.
Digital financial services
Financial institutions are also being encouraged to improve the availability and precision of financial products for service-sector operators. Greater use of digital tools can help lenders assess applications and manage services more efficiently.
See NewsNationOnline’s coverage of China’s digital-trade and market-access measures.
Source: China Financial News.
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