It is reported that in the process of product innovation, the Shanghai headquarters of the people's Bank of China has some special practices, such as establishing a green channel for account services, promoting the pilot of unified registration of chattel guarantee, optimizing credit inquiry services, and reducing the charges for credit investigation services. 1 & mdash; In October, nearly 20 million fees related to credit investigation services were exempted. State owned banks have played a leading role in this regard, focusing on the development of contactless online products and services to improve the enterprise coverage of Pratt & Whitney small and micro enterprises. Small and medium-sized banks develop breakthrough and innovative products in their respective subdivided fields, focusing on science and innovation, intellectual property, movable property financing, industrial chain and supply chain. Local corporate banks strengthen cooperation with government financing guarantee institutions and play an important role in this field

Zhou Fengmin believes that the loan difficulty is mainly for small and micro enterprises. The difficulty lies in many points, wide range, dispersion and asymmetric information. In view of the difficulty of first-time loans for small and micro enterprises, Zhou Fengmin said that Jinan Branch of the people's Bank of China has launched & ldquo; First loan cultivation actions of private and small and micro enterprises;, For small and micro enterprises with growth stage, potential, market and no loan, establish cultivation files door by door, & ldquo; One enterprise, one policy & rdquo; Provide financial service programs and organize financial institutions to innovate and launch & ldquo; First loan & rdquo& ldquo; Commercial e loan & rdquo; And other first loan products to support small and micro enterprises to gain a firm foothold and develop healthily. For example, set up a first loan service center in Binzhou, Shandong Province through the establishment of & ldquo; First loan consultation & rdquo; Window to realize the cultivation of first loan & ldquo; The service should be advanced, the problems should be cleared in time, and the business should be handled efficiently & rdquo;, A total of 2814 private and small and micro enterprises have been helped to obtain the first loan. Judging from the situation of the whole province, by the end of October, Shandong had cultivated 122400 small and micro enterprises of all kinds, including 113100 first loan enterprises with a loan amount of 134.4 billion yuan

Zhang ruihuai introduced the practices and achievements of Nanchang Central Branch of the people's Bank of China in innovating credit products. Zhang ruihuai said that since this year, Nanchang Central Branch of the people's Bank of China has focused on & ldquo; The first loan is difficult & rdquo; Excavate, pay attention to credit information sharing in improving the connection between government and bank, pay attention to the application of financial technology in risk control, and pay attention to improving policy coordination in incentive guarantee & ldquo; Four focuses & rdquo;, Continue to promote the innovation of small and micro credit products based on credit. By the end of October 2020, Jiangxi had more than 170 kinds of credit loan products, and the balance of Pratt & Whitney small and micro credit loans was 92.14 billion yuan, accounting for 19.5% of the balance of Pratt & Whitney small and micro loans; The incremental proportion reached 40.6%

In addition, in terms of industrial and Commercial Bank of China, Tian zhe said that ICBC has always adhered to financial technology to help product innovation, and vigorously promoted the provision of credit inclusive loans and & ldquo; Renewal & rdquo& ldquo; First loan & rdquo; Service. According to the data, as of the end of September, ICBC & ldquo; Operating fast loan & rdquo; The products have actively provided more than 1 million small and micro enterprises with credit facilities of more than 850 billion yuan, with a loan balance of more than 100 billion yuan, an increase of 203% over the beginning of the year; A total of nearly 30000 small and micro enterprises have been provided with & ldquo; First loan & rdquo; Service

Data show that from January to October 2020, Minsheng Bank issued nearly 500 billion yuan of small and micro loans under the inclusive caliber of the people's Bank of China, an increase of 20% year-on-year, and the interest rate of small and micro loans decreased by more than 1 percentage point year-on-year; The loan renewal without principal repayment was RMB 212 billion, of which 50% was handled by customers themselves; The renewal rate in Wuhan, Zhejiang, Beijing and other regions is as high as 53%