Live Updates > Live Update Details
2025-12-14 15:51:21
[Official Interpretation of the "Notice on Strengthening Business and Financial Collaboration to Boost Consumption" by the Head of the Finance Department of the Ministry of Commerce] The "Notice" proposes 11 policy measures in three aspects. First, it deepens collaboration between the commerce and financial systems. It promotes communication and cooperation among relevant local departments, encourages qualified localities to improve communication and cooperation mechanisms, strengthen the synergy of fiscal funds, credit funds, and social capital, refine specific implementation rules, and jointly implement a comprehensive policy package. Second, it increases financial support for key consumption areas. It encourages financial institutions to optimize financial products and services around five key areas: upgrading commodity consumption, expanding service consumption, cultivating new types of consumption, innovating diversified consumption scenarios, and assisting in consumption support. This includes strengthening the connection between supply and demand, improving the adaptability to commodity and service consumption, promoting the development of new consumption models according to local conditions, supporting the construction of new consumption formats, models, and scenarios, and implementing various financial support measures in detail. Third, it expands cooperation between government, finance, and enterprises. It encourages leveraging the combined efforts of government, finance, and enterprises to expand consumption, conduct multi-level, multi-channel, and diversified consumption promotion activities and information sharing, provide precise matching services, fully utilize relevant policy dividends, and better meet the needs of relevant business entities and consumers.
