Ministry of Finance: This year will optimize two consumer interest subsidy policies from four aspects.

The relevant person in charge of the Ministry of Finance introduced that this year, two policies will be optimized regarding personal consumption loan interest subsidies and service industry business entity loan interest subsidies from four aspects. First, the subsidy intensity has been increased. For individual consumers, the maximum subsidy limit for a single consumption has been raised, from 500 yuan to 3,000 yuan, enabling consumers to receive a higher subsidy amount for a single transaction at a bank, better meeting the bulk consumption needs of the people and boosting purchasing power. For companies in the consumer service industry, the maximum loan amount eligible for subsidy per household has been significantly increased from 1 million yuan to 10 million yuan, and the subsidy amount has increased from 10,000 yuan to 100,000 yuan, providing greater support to companies with real funding needs. Second, the scope of consumption has widened. On the individual consumption end, taking into account the consumption habits of the people, the installment payment business of credit card bills, which covers a large population and a wide range of application scenarios, has been included in the subsidy scope. The domain restrictions for individual transactions exceeding 50,000 yuan have been lifted, allowing all consumer loans to be eligible for subsidies. In the service consumption end, in addition to the existing categories of catering, accommodation, health, elderly care, childcare, housekeeping, culture and entertainment, tourism, and sports, three key areas of digitization, green industry, and retail have been added. Activities such as payments made through loans and credit card installment services in the consumption of digitized transformation physical stores, environmental protection and energy-saving service providers, and retail stores are eligible for subsidies. Third, the implementation period has been extended. The implementation period for the two consumption loan interest subsidy policies has been extended until the end of 2026, thus providing a longer window for decision-making and loan applications for businesses' investments or individuals' consumption. Fourth, the coverage of institutions has been expanded.