The central bank: The intensity of loan support for technological innovation enterprises is large.

According to the statistics of the People's Bank of China, by the end of the first quarter of 2025, there were 271,800 technology-based small and medium-sized enterprises receiving loan support, with a loan approval rate of 549.6%, which is 3.6 percentage points higher than the same period last year. The balance of domestic and foreign currency loans for technology-based small and medium-sized enterprises was 3.33 trillion yuan, a year-on-year increase of 24%, which is 17.1 percentage points higher than the growth rate of various types of loans. There were 267,100 high-tech enterprises receiving loan support, with a loan approval rate of 57.7%, which is 1.3 percentage points higher than the same period last year. The balance of domestic and foreign currency loans for high-tech enterprises was 1.845 trillion yuan, an increase of 8.5% year-on-year, with a growth rate 1.6 percentage points higher than various types of loans.