Promoting financial inclusion has long been one of the FSC’s most important policy objectives. The FSC continues working actively in the following 3 dimension and strive to bring its practices in line with global trends. We have one of the more inclusive financial systems and are pleased to share our experiences in order to ensure sound and sustainable development of the international financial system.

 

 

From 2007 to December 2024, the FSC has approved the setting up of 50 branches of domestic banks and credit cooperatives in underserved areas, including 32 domestic bank branches and 18 credit cooperative branches.

B. Helping industries obtain capital

As of the end of November 2024, loans extended to SMEs by domestic banks accounted for 64.55% and 68.21% of total loans extended to all enterprises and private enterprises, respectively. This indicates that banks are giving much more attention to SMEs in the lending market.

C. Promoting micro-insurance

As of the end of July 2018, the accumulated numbers of individuals covered by micro-insurance reached 627,000 and the total insured amount was more than US$6.5 billion. The social safety net has thus been strengthened.

 

 

 

 

A. The FSC set up the MoneyWise website as part of its Financial Literacy Campaign in 2009. As of the end of August 2019, the website has attracted more than 10.23 million visits.

 

B. Promoting financial consumer protection