The State Administration of Financial Supervision and Administration of China issued a notice on May 19, clarifying that by 2026, the mechanism for supporting financing coordination for small and micro enterprises should be fully utilized to promote stable investment, optimized structure, improved quality, and sustainability of financial services for small and micro enterprises, and to enhance the level of financial services for private enterprises. The Notice on Doing a Good Job in Financial Services for Small and Micro Enterprises in 2026 further clarifies the requirements for deepening the financing coordination mechanism to support small and micro enterprises, guides dispatched agencies at all levels to improve normalized online docking channels, organizes offline centralized visits according to local conditions, and promotes the improvement of cross departmental "joint consultation" mechanisms. Guide financial institutions to actively integrate into local work mechanisms, focus on key areas, and increase precision visits and docking efforts. The notice requires banking and financial institutions to improve their supply system, enhance their development capabilities, strengthen resource guarantees, and promote high-quality development of credit business; Require insurance companies to improve their management mechanisms, expand their service areas, and increase the supply of insurance services. In addition, the notice also put forward work requirements in areas such as credit information sharing, departmental collaboration and linkage, policy transmission and implementation, and experience and practice promotion, to promote the cohesion and synergy of financial policy effectiveness. (Looking into the New Era)