Shenzhen Financial Regulatory Bureau's latest announcement! There are already 120 technology branches within Shenzhen, achieving full coverage across all districts in the city! Breakthroughs have been made in these three key areas.

The Daily Shenzhen, March 9 — (Reporter Pan Ting) Recently, the Shenzhen Financial Regulatory Bureau released the “Report on Promoting High-Quality Financial Services Development by 2025” (hereinafter referred to as the “Report”), which introduces the work done by Shenzhen’s banking and insurance industries to support smooth internal and external circulation, deepen the “Five Major Articles” of financial development, advance financial reform and opening-up, and integrate deeply into social governance.

In terms of smoothing internal and external circulation, Shenzhen’s financial industry has demonstrated strong support, achieving breakthroughs in key areas such as promoting consumption, expanding investment, and stabilizing foreign trade.

Image source: Daily Economic News, Zhang Jian Photography (Unrelated to text)

By the end of 2025, the balance of personal consumer loans within Shenzhen reached 840.8 billion yuan, a year-on-year increase of 2.57%; the manufacturing loan balance was 1.72 trillion yuan, up 13.42%, with medium- and long-term loans accounting for 59.84%; a total of 43 projects were supported by new policy financial instruments, with a disbursement amount of 11.52 billion yuan; insurance funds invested in Shenzhen totaled 907.06 billion yuan. In the foreign trade stabilization sector, by 2025, local Chinese-funded banks had issued new foreign trade enterprise loans worth 923.06 billion yuan, a year-on-year increase of 17.89%; they provided export credit risk guarantees for 31,000 foreign trade companies, totaling 114.8 billion US dollars, up 15.10%, helping Shenzhen maintain its position as the “Foreign Trade Capital.”

Based on Shenzhen’s industrial characteristics, the Shenzhen Financial Regulatory Bureau guides institutions to focus on developing the “Five Major Articles” of financial services: technology finance, green finance, inclusive finance, pension finance, and digital finance. By the end of 2025, the loan balances in these sectors were 2.36 trillion yuan, 1.46 trillion yuan, 2.02 trillion yuan, 2.77 billion yuan, and 1.45 trillion yuan respectively, with year-on-year growth rates of 18.29%, 25.20%, 6.04%, 517.23%, and 16.77%, all exceeding the average growth rate of all loans. The “Report” shows that there are already 120 technology branches within Shenzhen, covering all districts in the city.

Focusing on the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, Shenzhen continues to promote deep-level financial reform and high-level opening-up. Innovations such as the first batch of Mainland branches of Hong Kong and Macao banks issuing debit cards and video face-to-face credit card signing for Hong Kong residents have been first implemented in Shenzhen. In terms of two-way opening-up, the Shenzhen branch of Santander Bank from Spain has opened smoothly, and the Shenzhen branch of Fubon Bank from Hong Kong has been approved for establishment. By the end of 2025, the cross-border “Wealth Management Connect” transactions within Shenzhen reached 58.52 billion yuan, accounting for over 40% of the Greater Bay Area’s total. The city’s cross-border auto insurance premium income for the year was 587 million yuan.

Shenzhen’s financial industry actively plays its role in risk protection and social governance, supporting the construction of a modern “People’s City.” In response to natural disasters and safeguarding urban safety, the insurance industry has effectively handled multiple typhoon and heavy rain disasters and launched inclusive household property insurance “Shenzhen Huijia Bao.” The real estate financing coordination mechanism has shown significant results, with local banks issuing a total of 423 billion yuan in loans to “white list” projects. In the field of public services, the number of participants in “Shenzhen Huimin Insurance” has exceeded 6 million for three consecutive years, and the comprehensive reform of auto insurance has reduced the average premium per policy by 16%, with consumer complaints decreasing by more than 20% year-on-year.