CCTV News: On April 2, the State Information Office held a press conference to introduce the relevant situation of improving the social credit system.
Li Chunlin, deputy director of the National Development and Reform Commission, said that the assets and financial strength of private small and medium-sized enterprises is relatively weak. If financial institutions cannot grasp the credit information of more dimensions of the enterprises, it will be difficult to provide sufficient financing support. In accordance with the decisions and deployments of the CPC Central Committee and the State Council, the National Development and Reform Commission has deepened the "credit and loan" work and promoted the alleviation of the problem of information asymmetry between banks and enterprises. The essence of the "Xinyi Loan" work is to strengthen the sharing of enterprise-related credit information mastered by government departments, and on the premise of ensuring information security, it provides financial institutions with richer and more multi-dimensional data support, effectively improving the coverage, availability and convenience of loans to small and medium-sized enterprises.
Li Chun introduced at the meeting that a national integrated financing credit service platform network has been established, and at the national level, the mechanism-based collection and sharing of 74 key enterprise-related credit information including enterprise registration, taxation, social security, housing provident fund, etc., supports financial institutions that access the platform network to query and use relevant information with authorization. As of the end of February 2025, banking institutions have issued a total of 37.3 trillion yuan in loans through the national integrated financing credit service platform network, of which 9.4 trillion yuan of credit loans are effectively serving the financing needs of private small and medium-sized enterprises.
