PBOC Shanghai and 10 municipal agencies held a cross-agency meeting to advance
tech-innovation and technical-transformation lending. As of end-Q1 2026, signed
loan commitments totalled 149.0 bln yuan and outstanding loans 67.6 bln yuan,
roughly double year-earlier. Authorities instructed deeper interdepartmental
coordination to implement the latest national policy package, accelerate project
identification and submission across existing and newly expanded support areas,
and directed Shanghai financial institutions to close service gaps, boost
delivery efficiency, proactively recommend projects to sector regulators, and
expand loan volume and coverage.
