Beijing: Encouraging eligible sci-tech innovation enterprises to raise funds through the bond market.

The People's Bank of China Beijing Branch and 12 other departments have issued the "Implementation Plan for Financial Support to Boost and Expand Consumption in Beijing". The plan proposes increasing financial support for the bond market. It supports eligible companies in the cultural, tourism, education, and other service consumption sectors to issue bonds. It encourages eligible sci-tech companies to raise funds through the bond market, promoting the upgrade of smart elderly care, intelligent healthcare, and other consumption products. It supports qualified consumer finance companies, auto finance companies, and financial leasing companies to issue financial bonds, expanding funding sources and increasing consumer credit scale. It promotes the securitization of retail loans assets such as individual car loans, consumer loans, and credit cards to stimulate existing credit, enhance consumer credit supply capacity.