To address the challenges that convolutional neural networks (CNNs) face in extracting small objects and handling class imbalance in remote sensing imagery, this paper proposes a novel spatial contextual information and multiscale feature fusion encoding–decoding network, SCIMF-Net. Firstly, SCIMF-Net employs an improved ResNeXt-101 deep backbone network, significantly enhancing the extraction capability of small object features. Next, a novel PMFF module is designed to effectively promote the fusion of features at different scales, deepening the model’s understanding of global and local spatial contextual information. Finally, introducing a weighted joint loss function improves the SCIMF-Net model’s performance in extracting LULC information under class imbalance conditions. Experimental results show that compared to other CNNs such as Res-FCN, U-Net, SE-U-Net, and U-Net++, SCIMF-Net improves PA by 0.68%, 0.54%, 1.61%, and 3.39%, respectively; MPA by 2.96%, 4.51%, 2.37%, and 3.45%, respectively; and MIOU by 3.27%, 4.89%, 4.2%, and 5.68%, respectively. Detailed comparisons of locally visualized LULC information extraction results indicate that SCIMF-Net can accurately extract information from imbalanced classes and small objects.