Ministry of Finance: Make good use of a more proactive fiscal policy.

The Ministry of Finance has issued a report on the implementation of China's fiscal policies in the first half of 2025. Next, we will make better use of more proactive fiscal policies. We will strengthen the responsibility chain for budget execution, effectively combine improving the efficiency of fund utilization with ensuring fund security, and promote the speedy implementation and effectiveness of funds and policies. We will continue to implement the special action to boost consumption, providing fiscal discounts on personal consumption loans in key areas and loans to relevant industry operators to stimulate the potential for consumption in services such as elderly care and childcare. We will actively leverage the role of local government special bonds, ultra-long-term special national bonds, and strengthen coordinated cooperation between finance and finance, bringing more public services into the scope of investment support and actively encouraging the development of private investment.