2025-12-31
Views: 0Caijin (2025) No.135
Finance departments (bureaus) and human resources and social security departments (bureaus) of all provinces, autonomous regions, municipalities directly under the Central Government, and cities under separate state planning, Xinjiang Production and Construction Corps Finance Bureau, Human Resources and Social Security Bureau, Shanghai Headquarters of the People's Bank of China and provinces, autonomous regions, municipalities directly under the Central Government, and cities under separate state planning Branches in separate cities, financial supervision bureaus, local financial management institutions, relevant banks, and various financing guarantee and re-guarantee institutions:
Employment is the most basic livelihood of the people. In order to thoroughly implement the decision-making arrangements of the Party Central Committee and the State Council to promote high-quality and full employment, further play the role of the sexual financing guarantee system in credit enhancement and risk distribution, and guide more financial resources to accurately support employment and entrepreneurship, the following opinions are hereby offered:
I. General Requirements
Guided by the Thought on Socialism with Chinese Characteristics for a New Era, fully implement the spirit of the 20th National Congress of the Communist Party of China and the previous plenary sessions of the 20th National Congress of the Communist Party of China, adhere to the people-centered development idea, implement the employment priority strategy, strengthen the coordination and linkage between fiscal and financial and employment policies, and increase Efforts should be made to tap the potential and expand employment positions, support key groups to start businesses, enhance the employment driving force of financial resources, and make every effort to promote development and benefit people's livelihood.
--Adhere to the integrated development of serving entities and supporting employment. Sexual financing guarantees focus on the main business of supporting small and agricultural enterprises, increase financing guarantee support for labor-intensive small and micro enterprises with strong employment capacity, help enterprises stabilize and increase jobs in expanding production and investment, and achieve high-quality development and employment expansion complement each other.
--Adhere to the organic unity of policy guidance and market operation. Strengthen the policy transmission and system leading role of the national financing guarantee fund, optimize the allocation of resources, and promote the system to improve the effectiveness of policies to stabilize employment and promote entrepreneurship. Financial institutions follow the principles of market-oriented operation and commercial sustainability, and independently select service targets under the premise of compliance with laws and regulations.
--Adhere to the overall consideration of innovative development and risk prevention and control. Sexual financing guarantee institutions and banks actively innovated financial products and service models, strengthened technological empowerment, and created convenient online inclusive small and micro products to meet the diversified financing needs of small and micro enterprises; Adhere to the bottom line of risk control, and implement prudent operation requirements throughout the entire business process.
2. Strengthen support for labor-intensive small and micro enterprises
1. Exploring the establishment of employment contribution indicators for financing guarantees. Construct a quantifiable and assessable indicator system for the employment contribution of financing guarantees, scientifically measure the positive growth of the number of employees driven by financing guarantee institutions in the year, the number of employees driven by unit guarantee resources is higher than the average level, and the strengthening of the financing guarantee system supports labor-intensive Positive incentives for small and micro enterprises.
Employment contribution = the number of stable employment of the cooperative institution in the current year/the number of stable employment of the institution in the previous year × 50% the number of stable employment of the business scale of the cooperative institution/the number of stable employment of the business scale of the national financing guarantee fund × 50%. Among them, the number of stable employment per unit business scale = the number of stable employment in cooperative business/the scale of cooperative business.
Optimizing the allocation of financing guarantee resources. Construct an employment contribution-oriented guarantee resource allocation mechanism. When the National Financing Guarantee Fund allocates the credit line for re-guarantee business, the new employment contribution index is an important influencing factor. For cooperative institutions with a large contribution to employment, re-guarantee resources will be given preference.
Implement differentiated re-guarantee fee discounts. Establish a mechanism for linking re-guarantee fee discounts with employment contribution indicators, and the National Financing Guarantee Fund will give differentiated discounts to cooperative institutions' re-guarantee fees according to employment contribution. For cooperative institutions with a large contribution to employment, more discounts on re-guarantee fees will be given, and the maximum discount on re-guarantee fees will not exceed 20%.
Innovating special financial products and services. Deepen the cooperation between "government, bank, and guarantee", encourage banks and sexual financing guarantee institutions to actively formulate exclusive comprehensive service plans for labor-intensive small and micro enterprises that absorb a large number of employees, and explore and innovate financial products that specifically pay employees' wages for small and micro enterprises, carry out special loan business for job stabilization and job expansion, and actively provide high-quality financial services to small and micro enterprises whose number of employees has not decreased and are greatly affected by tariffs.
Lowering the threshold for financing guarantees. Sexual financing guarantee institutions gradually reduce and cancel the mortgage and pledge counter-guarantee requirements for financing guarantees for small and micro enterprises with a large number of employees and labor-intensive enterprises, weaken profit assessment, increase efforts to develop first-time loan and first-time guarantee customers, and reduce financing access threshold.
3. Helping key groups start businesses and drive employment
(Six) support key groups to actively apply for guaranteed loans for entrepreneurship. Encourage qualified places to actively support fresh and previous college graduates to apply for entrepreneurial guarantee loans. Senior workers in technical colleges, preparatory technician classes, and vocational education graduates in special education colleges can equally enjoy relevant policies on entrepreneurial guarantee loans for college graduates.
Actively providing guarantees for entrepreneurial guaranteed loans. Sexual financing guarantee institutions actively provide guarantee and credit enhancement services for qualified college graduates (including college student village officials and returned students), people with employment difficulties (including the disabled), retired soldiers, people who have been lifted out of poverty, migrant workers who have returned to their hometowns to start businesses, registered unemployed persons in cities and towns, released after serving their sentences Personnel, employees of enterprises that resolve excess capacity and unemployed persons, online merchants, rural self-employed farmers and other ten key employment groups, as well as small and micro enterprises that absorb their employment, apply for entrepreneurial guarantee loans, focusing on supporting start-up Entrepreneurial and innovative small and micro enterprises. Where conditions permit, pilot exploration of voluntary financing guarantee institutions to provide guarantees and credit enhancement for entrepreneurial guarantee loan business with a general guarantee liability model. The National Financing Guarantee Fund will include qualified entrepreneurial guarantee loan guarantee business into the scope of re-guarantee business.
(Eight) reduce the comprehensive financing cost of entrepreneurial groups. Encourage qualified places to explore local financing guarantee institutions to reduce guarantee fees for qualified entrepreneurial guarantee loans or provide incentives to refund part of guarantee fees to trustworthy customers on the basis of sustainable operations, and promote banks to reasonably determine the interest rate level of entrepreneurial guarantee loans. For entrepreneurial guarantee loans carried out in the mode of bank guarantee loss sharing, the National Financing Guarantee Fund will give differentiated discounts on re-guarantee fees.
(Nine) increase financial reward and subsidy policy support. Encourage qualified places to increase financial support for entrepreneurial guarantee loans, coordinate financial funds for entrepreneurial guarantee loan interest discounts, entrepreneurial guarantee loan risk compensation, sexual financing guarantee institutions to reduce entrepreneurial guarantee loan guarantee fee rewards and subsidies, and entrepreneurial guarantee loan guarantee fund supplements, Improve the convenience of individuals or small and micro enterprises to apply for entrepreneurial guarantee loans and other related work.
(Ten) improve the efficiency of granting guaranteed loans for entrepreneurship. Establish a "quick review, quick approval, quick guarantee, and quick loan" mechanism for entrepreneurial guaranteed loans, promote the online business model and the "head-to-head" model of bank-guarantee cooperation, simplify the approval process, and promote banks to speed up lending.
4. Strengthen information collection and sharing
(Eleven) improve the cross-departmental data sharing mechanism. Encourage local finance, human resources and social security departments, and branches of the People's Bank of China to establish data sharing platforms for qualification review, loan issuance, guarantee credit enhancement, and fiscal interest discounts, optimize data related to entrepreneurial guarantee loans and statistics on guarantee stability and new employment, and improve Data quality and policy accuracy.
(XII) optimize the construction of digital platforms. The National Financing Guarantee Fund optimizes the national financing guarantee business management service platform, strengthens functions such as data statistics, cross-verification, and dynamic analysis, and provides data support for special products for stabilizing employment. Sexual financing guarantee institutions make full use of big data such as the number of employees of enterprises, social security payment, salary payment, and settlement flow to promote the transformation of financing services from "experience-driven" to "data-driven" and improve service quality and efficiency.
5. Strengthen organization and implementation
(Thirteen) strengthen departmental coordination and linkage. Local finance, human resources and social security departments and branches of the People's Bank of China have improved the coordination mechanism, refined policy measures, strengthened publicity and guidance, focused on the financing and job stabilization needs of business entities, promoted the active docking of bank guarantee institutions, and alleviated the financing of labor-intensive small and micro enterprises difficult problem. Financial management departments strengthen positive incentives, adopt differentiated regulatory policies, and guide banking financial institutions to invest more credit resources in inclusive financial fields such as small and micro enterprises, "agriculture, rural areas and farmers", and special groups.
(Fourteen) strengthen the guidance of performance appraisal. Local financial departments incorporate the effectiveness of sexual financing guarantee institutions in promoting employment and entrepreneurship into the assessment system of sexual financing guarantee institutions. The assessment results serve as an important basis for policy support, rewards and incentives, and stimulate the endogenous motivation of sexual financing guarantee institutions to serve employment and entrepreneurship.
Ministry of Finance
Ministry of Human Resources and Social Security
People's Bank of China
General Administration of Financial Supervision
December 9, 2025
