In recent years, supporting small and micro enterprises (SMEs) has become a central theme in banking financial services. Bank of Communications (BOCOM) is actively fulfilling its responsibility as a major state-owned bank to serve the real economy. By aligning with SME financing coordination mechanisms, BOCOM focuses on key sectors such as foreign trade, private enterprises, technology, and consumer markets. The bank tailors differentiated service solutions across regions to enhance financial accessibility, coverage, and convenience, ensuring targeted financial support for SMEs.

**Product Innovation: Fueling Tech-Driven SMEs** Following the Central Financial Work Conference’s emphasis on "technology finance" as one of its five priorities, BOCOM has intensified efforts to serve tech innovation. The bank has launched specialized campaigns like "Scan for Service" in high-tech parks nationwide, bridging the last-mile gap in SME financing. By channeling resources to the forefront of innovation, BOCOM fosters a virtuous cycle of "technology-industry-finance."

This year, BOCOM has rolled out innovative financial products to bolster sci-tech financing. In Zhejiang, it issued the province’s first ¥10 million AI data-asset pledge loan, addressing data monetization challenges. In Ningbo, its "Sci-Tech Easy Loan" extended multi-million credit lines to three firms for R&D conversion. Guangdong’s "YueXin Sci-Tech Loan" offers up to ¥20 million per borrower, evaluating firms holistically via "operations + patents + talent" metrics.

**Service Upgrade: Empowering Export-Oriented Firms** Amid rising global expansion trends, BOCOM has refined its foreign trade financial ecosystem. The bank collaborates with guarantee centers and leverages digital tools to streamline processes, exemplified by Shanghai’s "Smart Rong-e Loan," which disbursed ¥368 million to 77 SMEs in its debut weekend. For cross-border e-commerce firms with urgent, fragmented financing needs, Shenzhen’s "Cross-Border E-Commerce Loan" ensures approval within three days, easing cash flow pressures during peak seasons.

**Dual Strategy: Igniting Consumer Market Revival** With consumption and tourism pivotal to economic recovery, BOCOM combines "culture-tourism + finance" and "entrepreneurship + finance" models. In Beijing, it partnered with guarantors to provide ¥3 million to a struggling F&B chain using社保 and cash flow analytics. Guangxi’s "Hotel B&B Loan" granted ¥5 million to upgrade a seasonal民宿, supporting rural tourism.

Since October 2024, BOCOM’s SME outreach program has visited 750,000 firms nationwide, extending over ¥1.22 trillion in credit. Moving forward, the bank pledges to innovate further, making inclusive finance truly accessible for SMEs.