May 19 — China’s National Financial Regulatory Administration issued a 2026
notice on micro- and small-enterprise finance, removing a nationwide hard target
for growth of inclusive micro- and small-enterprise loans and setting a “steady
supply, optimize structure, improve quality, sustainability” guideline. Banks
are adjusting inclusive-lending KPIs; a mid-level branch official at a major
state-owned bank said firms already granted credit are being asked to add
collateral and guarantees. KPI incentives have shifted noticeably toward asset
quality.
