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2025-09-16 16:57:14
[Ministry of Commerce and 9 other departments: Increase support for consumer credit and implement interest subsidies for consumer loans in key areas] The Ministry of Commerce and 9 other departments issued the "Several Policy Measures on Expanding Service Consumption." The measures propose to coordinate the use of various funding channels, such as central budget investment and local government special bonds, to support the construction of qualified service facilities such as culture, tourism, elderly care, childcare, and sports. Support the Guidance Fund for Innovation and Development of Service Trade to invest in qualified service consumption enterprises according to market principles, and guide social capital to increase investment in service consumption-related sectors. Increase support for consumer credit. Support local governments to share consumer credit risks through the establishment or integration of existing special risk compensation funds, implement interest subsidies for consumer loans in key areas, and guide financial institutions and businesses to cooperate in developing products and services suitable for service consumption, forming a combination of "government subsidies + financial support + merchant discounts."
