At the 2026 Eighth Digital Inclusive Finance Conference held in Beijing on June 25th, Geng Li, General Manager of the Inclusive Finance Department at Postal Savings Bank Of China Co.,Ltd. (SHSE: 601658), delivered a keynote speech.
She emphasized that for the bank, inclusive finance is a strategic orientation ingrained in its DNA, while tech finance is the core direction for serving new quality productive forces. The deep integration of these two areas is the key to solving the pain points of "financing difficulties for small and micro customer groups" and "evaluation challenges for technology enterprises."
Geng Li pointed out that PSBC was born for "universal access" and has grown through "benefiting the people," with this principle being part of its inherent character. By the end of the first quarter of 2026, the bank's outstanding loans to inclusive small and micro enterprises reached 1.9 trillion yuan, and its outstanding agricultural loans hit 2.63 trillion yuan, with both ratios ranking among the top of major state-owned banks. In the field of technology finance, PSBC has formulated a development strategy to build a strong force in this area. By the end of Q1, it served over 110,000 technology-based enterprises, with outstanding technology loans exceeding 1 trillion yuan and a non-performing loan ratio for tech loans of only 0.53%, consistently lower than the overall loan NPL ratio.
To address the characteristics of many tech-based SMEs—high technology content, high growth potential, but light assets and lack of collateral—PSBC tackles the problem from three angles: innovating to establish a professional organizational structure to strengthen technological support; innovatively applying a "look-to-the-future" risk control philosophy to solve technological challenges; and innovatively building a diversified product matrix to cover the entire enterprise lifecycle.
Geng Li also highlighted that PSBC operates nearly 40,000 branches across urban and rural areas, covering 99% of the country's counties and cities, with over 70% located at the county level and below. Leveraging this advantage, the bank has innovatively launched a cluster development model featuring "one team per cluster, one product package per cluster, and one strategy per cluster," aiming to build a differentiated product and service system to allow financial resources to precisely nurture industrial development.
Addressing the prominent pain point of "difficult payment collection and accounts receivable backlog" for SMEs, Geng Li noted that by the end of November 2025, accounts receivable for industrial enterprises above a designated size reached 28.3 trillion yuan, with the average collection cycle for SMEs exceeding 130 days. PSBC is working to penetrate transaction credit via "de-cored industrial chains," anchor technological value through "patent chains," and embed operational scenarios with its "Easy Enterprise Operation" platform. The combined force of these three initiatives aims to create a comprehensive service ecosystem covering the entire enterprise lifecycle, transforming finance from a "one-time transfusion" to "full-cycle造血 (hematopoiesis)," and upgrading from "providing loans" to "providing capability."
In conclusion, Geng Li summarized that from "tech finance" focused on single-point innovation, to "industrial cluster services"深耕 (deeply cultivating) regional blocks, and to activating linear networks via "de-cored industrial chains"—these are not isolated from each other but are different application forms derived from the foundation of focusing on key strategic areas. She stated that the initiative's success lies in collective action and benefiting enterprises, expressing PSBC's willingness to use digital intelligence as the vessel and inclusive finance as the sail to contribute to empowering various industries and supporting the high-quality development of the Chinese economy.
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