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 inc

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.