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Live Updates  >  Live Update Details

2025-12-14 15:51:08

[Three Departments: Local Commerce Authorities to Establish Key Project Lists in the Consumption Sector Based on Specific Circumstances] The General Offices of the Ministry of Commerce, the People's Bank of China, and the State Financial Regulatory Commission jointly issued a notice on strengthening commerce and finance collaboration to further boost consumption. The notice mentions conducting information sharing in various forms. Local commerce authorities, based on their specific circumstances, should establish lists of key projects in the consumption sector, strengthen information sharing with financial institutions through platforms or mechanisms such as credit market service platforms, and facilitate precise matching services from financial institutions. The notice also calls for improving the trade-in service platform for consumer goods and expanding the participation of financial institutions. Furthermore, it emphasizes accelerating credit building in the consumption sector and promoting credit lending. Local commerce authorities, relying on the coordination mechanism for supporting financing for micro and small enterprises, should actively promote the sharing of information on commercial micro and small enterprises with financial institutions through local financing credit service platforms to facilitate precise and direct financing. Finally, it calls for strengthening the monitoring and analysis of financing in the consumption sector and enhancing information sharing among departments.

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