Chongqing issued documents to encourage commercial banks to use online technology such as blockchain to provide online loan channels.

Recently, the General Office of the CPC Chongqing Municipal Committee and the General Office of the Chongqing Municipal People's Government issued the "Specific Measures for Strengthening Private Enterprises for Financial Services." Among the 15 specific measures include improving the efficiency of loan approval and issuance. Commercial banks actively use financial technology to support risk assessment and credit decision-making, and encourage the use of big data, cloud computing, artificial intelligence and blockchain information technology to provide online loan channels to improve the efficiency of credit approval.