Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, October 26 (Xinhua) — China will improve high-quality financial services to better support the real economy, according to a report on the country's financial work submitted Sunday to the 18th session of the Standing Committee of the 14th National People's Congress (NPC).
As noted in the report, since November 2024, the financial sector has strengthened its support for the real economy. Between November 2024 and September 2025, a total of 98 companies held initial public offerings on the A-share market, with private enterprises and strategic emerging industries accounting for 86 percent and 92 percent of these, respectively.
As of the end of last month, lending in sectors such as science and technology, green development, inclusive finance, social welfare for the elderly, and the digital economy showed growth that outpaced the overall lending growth rate over the same period.
Looking ahead, China will focus on supporting key areas including technological innovation, consumption, small and micro enterprises, and foreign trade, while strengthening coordination of fiscal, monetary, and industrial policies.
The report also calls for a comprehensive and targeted implementation of moderately accommodative monetary policy, the study and preparation of new policy measures, strengthening of financial supervision and management, and enhanced protection of the rights of both financial consumers and investors. -0-
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