At the end of October, the balance of loans for inclusive small and micro enterprises across the country increased by 14.98% year-on-year.

On November 24th, the State Administration of Financial Supervision released today (24th) that as of the end of October, the national inclusive small and micro enterprise loan balance increased by 14.98% year-on-year, and the loan interest rate continued to decline. Data show that at the end of October, the national inclusive small and micro enterprise loan balance was 32.45 trillion yuan, an increase of 14.98% year-on-year, 7.47 percentage points higher than the growth rate of various loans. Among them, the inclusive small and micro enterprise credit loan balance increased by 30.56% year-on-year, continuing to maintain rapid growth.