Recently, the People's Bank of China released the "Report on the Implementation of China's Monetary Policy in the Fourth Quarter of 2025", which showed that by the end of 2025, inclusive loans would increase by 10.9% year-on-year, maintaining double-digit growth and continuing to exceed the growth rate of all loans. According to the "Statistical Report on Loan Investment of Financial Institutions in the Fourth Quarter of 2025", at the end of the fourth quarter of 2025, the balance of inclusive small and micro loans was 36.57 trillion yuan, a year-on-year increase of 11.1%, which was 4.7 percentage points higher than that of various loans, and an increase of 3.63 trillion yuan for the whole year. Inclusive finance is one of the five major articles in finance, and the impressive credit data reflects the fine cultivation of the real economy by finance. Zhang Heng, Associate Researcher at the Institute of Finance of the Chinese Academy of Social Sciences, stated that inclusive finance can directly alleviate the financing difficulties and high costs faced by small and micro enterprises with a large and wide coverage, and help stabilize employment and build a solid foundation for the real economy. The rapid development of inclusive finance cannot be separated from policy support and guidance. The Central Economic Work Conference held in December 2025 pointed out to guide financial institutions to increase support for key areas such as expanding domestic demand, technological innovation, and small and medium-sized enterprises. In June 2025, the State Administration of Financial Supervision and the People's Bank of China jointly issued the "Implementation Plan for High Quality Development of Inclusive Finance in the Banking and Insurance Industry", proposing to optimize the inclusive financial service system, consolidate and enhance the inclusive credit system and capacity, and strengthen the construction of the inclusive insurance system. In January 2026, the People's Bank of China decided to increase the amount of small and medium-sized loans for agriculture support by 500 billion yuan, connecting the amount of small and medium-sized loans for agriculture support with the rediscount amount. Xue Hongyan, a special researcher at Su Shang Bank, stated that policies are driving the stable development of inclusive finance. The central bank has optimized support for small and micro loans, created support tools for inclusive small and micro enterprises, combined with regulatory assessments, fiscal interest subsidy policies, etc., to jointly build a long-term incentive mechanism, promote financial institutions to tilt credit resources towards inclusive customers, and play an important role in narrowing the gap in financial services, promoting common prosperity, and boosting confidence in economic development. The "small joys" of inclusive finance are the "big articles" of social happiness, which are being integrated into various industries and sinking into the details of production and life. For example, Agricultural Bank of China's "Huinong e-Loan" and "Fumin Loan", Industrial and Commercial Bank of China's "Industrial e-Loan", "Chain Group Transaction e-Loan", and "Cluster Merchant e-Loan", and China Construction Bank's "nine practical actions for the people" focusing on pension security, housing, poverty alleviation and assistance. Zhang Heng stated that financial institutions need to strengthen strategic and organizational support, clarify the differentiated positioning of state-owned large banks, joint-stock banks, and local legal person banks, leverage their own advantages to lower their service focus, continuously innovate financial service scenarios, develop characteristic products around agriculture, supply chain, etc., and accurately match real financial needs. Salwuleng Village is a border village in Jimunai County, Altay Prefecture, Xinjiang. Herdsman Selik Galken said that he wants to expand the scale of animal husbandry, but he does not have enough funds on hand, and the loan procedures are cumbersome and lack collateral. When the staff of the Agricultural Bank came to the village to explain the inclusive finance policy, they learned about his situation and taught him how to apply for a loan with his mobile phone on site. He received a loan of 115000 yuan on the same day. According to the relevant person in charge of Agricultural Bank of China, as of the end of September 2025, the bank's inclusive loan balance is 4.33 trillion yuan, benefiting 5.23 million inclusive small and micro enterprises; More than 50% of the bank's inclusive loans are accurately delivered to counties and flow to rural areas; By supporting the financing coordination mechanism for small and micro enterprises, loans totaling over 4 trillion yuan have been issued to more than 3.4 million small and micro enterprises. The lack of collateral often brings financing anxiety to individual businesses and small and micro enterprises, and improving the level of digital technology is the key to solving this problem. Zhang Heng stated that new technologies such as big data and artificial intelligence can help break the dependence on traditional collateral, and new types of collateral such as live mortgages are constantly expanding, empowering the growth of inclusive small and micro loans. In the future, we need to continue to deepen technological empowerment, adhere to compliance and sustainable development, build digital risk control models, achieve precise credit and intelligent warning, and implement detailed due diligence exemption clauses to reduce concerns about grassroots lending. Inclusive finance has already broken through the single credit support and is evolving towards a comprehensive ecosystem of credit, insurance, guarantee, government data and other collaborative construction. Inclusive finance needs to find a balance between precise services, risk prevention and control, and sustainable development. Xue Hongyan stated that financial institutions should strengthen cooperation with government financing guarantee institutions, industrial parks, and other organizations to promote work in a multidimensional and coordinated manner; Enhance service accessibility and establish a service network that combines online and offline services in areas with weak inclusive finance, such as counties and rural areas; Strengthen employee training, guide inclusive customers to use financial products reasonably, and achieve a win-win situation between sustainable operation of financial institutions and the development of the real economy. (New Society)