In the first quarter, the average interest rate for new inclusive small and micro enterprise loans nationwide was 3.64%.

According to the latest data from the China Banking and Insurance Regulatory Commission, as of the end of March 2026, the balance of inclusive small and micro enterprise loans in the country was 38.79 trillion yuan, with a year-on-year growth rate of 9.9%, which was 4.22 percentage points higher than the growth rate of all types of loans. Among them, the balance of inclusive small and micro enterprise credit loans was 12.02 trillion yuan, with a year-on-year growth rate of 20.13%. In the first quarter of 2026, the average interest rate for new inclusive small and micro enterprise loans nationwide was 3.64%, a decrease of 0.19 percentage points from the average interest rate for the entire year of 2025.