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Live Updates  >  Live Update Details

2025-12-14 15:51:33

[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] First, adhere to a goal-oriented and problem-oriented approach. Thoroughly understand the situation from relevant local departments, financial institutions, and enterprises; summarize the experiences and practices of 37 local commerce authorities and 6 representative financial institutions in boosting consumption; analyze the bottlenecks hindering the release of consumption potential; and propose targeted policy measures. Second, adhere to a systemic approach. Strengthen regular communication and exchange between the commerce and financial systems; encourage enhanced policy coordination, work alignment, and information sharing; comprehensively plan existing and new policy measures; leverage the combined effect of various policies; and build greater synergy. Third, adhere to adapting to local conditions. Encourage relevant local departments and financial institutions to refine support measures based on their actual situations, conduct work in a way that is tailored to local conditions and circumstances, form distinctive experiences and practices, and strengthen publicity, guidance, and replication. Next, the Ministry of Commerce will work with the People's Bank of China and the State Financial Regulatory Commission to guide relevant departments and financial institutions in various regions to strengthen cooperation, promote the implementation and effectiveness of relevant measures, and provide greater support for improving people's livelihoods and boosting consumption, making a positive contribution to a good start to the "15th Five-Year Plan."

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