Officials from the Ministry of Finance answer questions from reporters about the "Guiding Opinions on further leveraging the role of the government financing guarantee system to support employment and entrepreneurship."

The "Guiding Opinions" establishes a set of quantitative evaluation and incentive constraints mechanism to promote the transformation of guarantee resources from expanding coverage and increasing quantity to improving quality and efficiency. Its core is to guide government financing guarantee institutions to increase their contribution to employment, summarized as "one key indicator, two linkage mechanisms, and threefold policy guarantees." Firstly, create a "key indicator for employment contribution." This indicator calculates the supported employment growth and stable employment numbers by government financing guarantee institutions, emphasizing the performance orientation of business scale, risk control, and employment drive, guiding more guarantee resources to accurately serve employment. For example, assuming that the government financing guarantee in Province A stabilizes employment at 1.3 million and 1.35 million people in 2024 and 2025, respectively, and Province A's employment contribution indicator for 2025 is calculated as 50% + 50% = 1.05. Secondly, implement the "two linkage mechanism" between employment contribution and guarantee resource allocation. On the one hand, link employment contribution with credit limits. When distributing credit limits for re-guarantee business, the financing guarantee fund will consider employment contribution as an important basis and provide preferential resources to organizations with higher employment contributions. On the other hand, link employment contribution with discounts on re-guarantee fees. A tiered discount mechanism is established, with the financing guarantee fund providing a maximum of 20% discount on re-guarantee fees to organizations with high employment contributions. This design not only reduces the costs for participating organizations but also forms an incentive-compatible policy transmission mechanism to ensure effective implementation of employment-oriented policies. Thirdly, establish the "threefold policy guarantees" of lowering thresholds, improving quality and efficiency, and promoting product innovation. Lower the guarantee threshold. Government financing guarantee institutions are required to gradually lower or eliminate the collateral and counter-guarantee requirements for labor-intensive small and micro enterprises with high employment numbers, weaken profitability assessments, and increase support for first-time borrowers. Improve service quality and efficiency. Strengthen technological empowerment, create convenient online products for small and micro enterprises, explore the integration of cutting-edge technology with guarantee business, meet the diverse financing needs of small and micro enterprises, and focus on improving financing convenience. Encourage product innovation. Summarize and promote successful experiences such as local "wage guarantees" and "stable job creation loans," encourage cooperation between banks and guarantee institutions to develop exclusive service plans, explore the development of financial products for paying employee wages, and proactively provide high-quality financial services to enterprises with stable employment numbers and significant impacts from tariffs.