Several major financial institutions disclosed their latest arrangements in technology and pension finance through People's Daily on July 12. The balance of technology loans in Xiongan New Area grew 43% year-on-year by the end of the first quarter, 29 percentage points higher than the national average. The Xiongan branch of the People's Bank of China has taken the lead in formulating a three-year action plan for high-quality development of technology finance, accompanied by an annual task list to promote the implementation of innovative products. It has also established a coordination mechanism with the local bureau of industry, information technology, and data to provide fiscal interest subsidies for technology loans supported by relending.
Jin Huiqing, vice president of Bank of China Hebei Branch and president of BOC Xiongan Branch, said that the branch established a technology finance center in June 2024 with a dedicated team and uses the BOC Kuafu evaluation system to enhance risk control. The branch plans to discuss setting up equity investment funds with subsidiaries to bring in more patient capital. In May, BOC head office signed a computing power bank cooperation agreement with the China Academy of Information and Communications Technology in Xiongan to build an open, safe, and inclusive computing power industry ecosystem.
Xu Guoqin, president of Postal Savings Bank of China Xiongan Branch, said that the branch has launched the first “technology flow” loan in the area and established the system's first technology finance flagship store and the first digital employee, reducing credit loan approval from four days to one. The branch has also built a non-tax revenue blockchain system with a collection market share exceeding 90% and co-built a provincial-level comprehensive foreign trade service platform covering 107 industrial clusters and serving over 10,000 foreign trade enterprises.
Wu Qiang, vice president of China CITIC Bank and party secretary of its Xiongan branch, disclosed that by the end of 2025, CITIC Bank's technology loan balance exceeded 1 trillion yuan, with over 90,000 corporate accounts opened for technology enterprises. Coverage of specialized and sophisticated “little giant” enterprises and manufacturing single champion enterprises surpassed 10,000 accounts and a service coverage rate of over 97%. The bank released the “Sailing Plan” and launched six key products including technology achievement transformation loans.
At the head office level, Ding Zhengjun, deputy general manager of the Corporate Finance and Investment Banking Department of Bank of China, indicated that BOC has issued an action plan for supporting the artificial intelligence industry chain, pioneered a “securities-loan linkage” model, and launched the BOC Sci-Tech Computing Power Loan. It has also built a full industry chain service system for aerospace covering 64 countries and regions. Ji Jie, deputy general manager of the Corporate Business Department of China Construction Bank, said that CCB's “Good Construction Technology” system includes six features and three sets of solutions. Technology enterprises are classified into nine customer groups, and an integrated financial service system combining equity, loans, bonds, guarantees, and leasing has been established.
Pan Bei, deputy general manager of the Corporate Institutional Business Department of Bank of Communications, pointed out that the bank has jointly built a laboratory with the Torch Center of the Ministry of Industry and Information Technology to innovate active credit extension models and has carried out data co-construction in Hangzhou, Shenzhen, and Xiamen. The bank is also cultivating “track managers” to help technology enterprises obtain credit more efficiently.
Geng Li, general manager of the Inclusive Finance Department of Postal Savings Bank of China, added that the bank has launched a “technology flow” evaluation model. By the end of the first quarter, inclusive small and micro enterprise loans reached 1.9 trillion yuan, agriculture-related loans totaled 2.63 trillion yuan, and the proportion of loans to technology-based small and medium-sized enterprises ranked among the top of large state-owned banks.
In pension finance, Ying Weiwei, assistant president of Taikang Insurance Group, introduced that Taikang's “Happy Appointment” annuity product provides old-age security. The management scale of the first and second pillar pensions is about 1.3 trillion yuan. Taikang Home's senior living community has been laid out in 37 cities with 48 projects, with over 22,000 residents. More than 70 billion yuan has been invested in operating medical and senior care entities, with over 200 entity layouts. Taikang Yicai Foundation has funded 500 senior care institutions. Zhang Min, deputy general manager of AIA Life, revealed that individual pension clients exceeded 300,000 by last October, ranking among the top in market share. At the end of 2025, AIA Asset Management Co. received approval to open, becoming one of the first wholly foreign-owned insurance asset management companies in Shanghai.