Financial Services for Real Economy

From: Overview of Lianyungang Updated Updated: 2026-08-07 05:11

By 2025, Lianyungang City had achieved remarkable results in financial services for the real economy. Through mechanism innovation, platform construction, and policy guidance, it effectively improved the quality and efficiency of financing and reduced enterprise costs.

1. The financing scale and coverage have expanded significantly

The city has established a coordination mechanism to support the financing of small and micro enterprises, and has conducted an extensive "mass visit to thousands of enterprises and millions of households" campaign. As of the relevant statistical node in 2025, a total of 138.2 billion yuan in credit has been granted to enterprises that have issued financing needs, and 50.6 billion yuan in actual loans has been disbursed, effectively ensuring the capital needs of market entities. In terms of total credit volume, as of the end of June 2025, the balance of various loans in local and foreign currencies of financial institutions in the city reached 858.47 billion yuan, representing a year-on-year increase of 11.1%. The increase in loans during the first half of the year hit a record high for the same period in history.

II. Efficient operation of state-owned enterprise financing service platforms

Since its launch in 2024, the Lianyungang State-owned Enterprise Financing Service Platform has become an important tool for serving the real economy. As of the end of September 2025:

Transaction scale: A total of 6,968 project information have been reviewed and published, and state-owned enterprises and relevant municipal institutions have conducted 4,009 financing transactions through the platform.

Cost reduction: Through open and market-based bidding, a total of 1.933 billion yuan in financing costs have been saved. The average transaction interest rate for non-bond financing projects has decreased by 0.3 percentage points compared to the same period last year, and the average underwriting fee rate for bond financing projects has decreased by 0.04 percentage points.

Settlement situation: A total of 1,124 state-owned enterprises at all levels and 328 financial institutions both inside and outside the province have settled in, creating a transparent and open financing and trading environment. ？？

III. Precise support and cost optimization in key areas

Financial resources are allocated to major industries and weak links, and financing costs have stabilized with a slight decrease:

Major Project Support: Organized financial institutions to connect with 582 annual key projects across the city, with credit extended amounting to RMB 179.7 billion by the end of June 2025. The loan balance in infrastructure-related industries increased by 16.9% year-on-year, while the medium and long-term loan balance in the manufacturing industry increased by 19.3% year-on-year.

Interest rate decline: In June 2025, the weighted average interest rate for all loans in the city was 3.71%, and the weighted average interest rate for corporate loans was 3.57%, marking a year-on-year decrease of 0.48 and 0.42 percentage points, respectively.

Risk compensation mechanism: The city has established a risk compensation fund with a total scale of 380 million yuan. The cumulative loan disbursements for the whole year exceeded 7.11 billion yuan, with a fund pool amplification factor of 18.6 times, benefiting 1,677 enterprises and 7,505 entrepreneurs.

IV. Special Financial Innovation and Improvement of Business Environment

Lianyungang City has continuously promoted the construction of the green financial innovation and reform pilot zone in Xuwei New Area, where green loans account for over 38% of all loans. Meanwhile, the "Lianhairong" government-bank product has been created and has issued a total of 370 million yuan, specifically serving the development of the marine economy. In terms of government services, the online handling rate of government service items has reached 98.8%. Through the reforms of "efficiently handling one thing" and "comprehensive inspection once", the business environment for financial services has been further optimized.