With the rapid growth and the impact of the epidemic on the macro-economy, especially small and micro enterprises, the inflection point of the growth rate of inclusive finance loans and inclusive small and micro loans has emerged.

At the same time, as the main loan force in inclusive finance, the growth rate of three of the five state-owned banks in the first half of last year also decreased compared with the same period of last year, and two of them decreased by more than 10 percentage point. 1 The average interest rate of new inclusive loans increased compared with the previous year. There are indications that inclusive finance will enter a new stage of development after entering a new height of development.