Southeast Asia Information Port (www.dnyxxg.com) – At a press conference held by the Information Office of the Ningxia Hui Autonomous Region Government on the 27th, it was announced that Ningxia's financial operations have been stable and efficient in recent years, providing solid financial support for the steady and positive development of the economy, and continuously improving the quality and efficiency of services to the real economy. In December 2025, the weighted average interest rate for newly issued corporate loans in Ningxia dropped to 3.01%, the lowest level since statistics began.
Wang Zhe, Deputy Director of the Ningxia Party Committee Financial Office, introduced at the press conference that Ningxia has continuously improved its financial support policy system to meet the needs of the real economy. Focusing on key areas such as stable growth, manufacturing upgrading, the private economy, green development, and foreign trade and investment, the region has intensively introduced a series of targeted and high-value policy measures. Corresponding financial support plans have been implemented for the "six new," "six special," and "six superior" industries and the "six rights" reform, forming an effective policy synergy and guiding more financial resources precisely to key development areas.
Under the strong impetus of these policies, Ningxia's total financial volume has maintained steady growth. Building on years of steady growth, in 2025, new RMB loans in the Ningxia Hui Autonomous Region reached 48.78 billion yuan, an increase of 8.295 billion yuan year-on-year; the increase in social financing reached 125.4 billion yuan, an increase of 54.1 billion yuan year-on-year. Major financial indicators continued to improve, and the supporting role of finance in economic growth continued to strengthen.
With the continuous optimization of the credit structure, the efficiency of financial resource allocation further improved. In 2025, lending to Ningxia's industrial and infrastructure sectors significantly increased, with new loans reaching 3.7 times that of 2024, providing a solid guarantee for the construction of major projects. Loans to inclusive micro and small enterprises, individual businesses, and farmers also maintained rapid growth. The growth rates of green loans and technological innovation loans were significantly higher than the average level of all loans, making financial services more precise and efficient.
While improving service quality and efficiency, financing costs also continued to decline. In December 2025, the weighted average interest rate for newly issued personal housing loans in Ningxia was 3.10%, a decrease of 0.09 percentage points year-on-year, also at a historically low level. Meanwhile, government-backed financing guarantee rates have steadily declined, with the average annualized guarantee rate dropping to 1.31%, and the average rate for reinsurance business at 0.56%, both at relatively low levels nationwide, effectively reducing the burden on various business entities.
Wang Zhe stated that Ningxia will continue to focus on key areas and weak links in the real economy, continuously optimize financial services, strengthen policy implementation and effectiveness, and constantly improve the quality and efficiency of financial services, providing stronger financial support for high-quality economic and social development. (End)
