Economic Daily: Enhancing the integration of the industrial chain and financial services.

An article published in the Economic Daily by Jin Guanping stated that according to data from the Ministry of Industry and Information Technology, the national production-financing cooperation platform has helped over 3,100 financial institutions launch more than 800 financial products, with a total financing scale exceeding 1.2 trillion yuan. On average, small and medium-sized enterprises have received financing of 3.4 million yuan. Financial institutions are addressing the issue of information asymmetry in the industrial chain by using models such as accounts receivable pledge financing and equity investment to provide funding support for small and micro enterprises. In the future, it is necessary to further enhance the integration of the industrial chain with financial services, by tapping into the credit enhancement potential of core enterprises and exploring the "decentralization" model of the supply chain to provide convenient financial support for small and medium-sized enterprises. Commercial banks can offer online and efficient financial services to more upstream and downstream enterprises.