Beijing: Loans to China's technology small and medium-sized enterprises (SMEs) have shown remarkable growth, increasing at an average annual rate of over 20 percent during the 14th Five-Year Plan period (2021-2025), according to central bank governor Pan Gongsheng.

According to Namibia Press Agency, Pan Gongsheng announced on Monday that, in addition to technology SMEs, loans to micro and small businesses, as well as green development initiatives, also experienced annual growth of more than 20 percent on average throughout the same period. This growth reflects the central bank's commitment to supporting various sectors that are crucial for China's economic development.