Guangdong releases the "Special Action Plan for Financial Support to Promote Consumption and Expand Domestic Demand."

According to the news from the People's Bank of China Guangdong Branch, the bank, together with the Office of the Financial Committee of the Guangdong Provincial Committee of the Communist Party of China, the Guangdong Supervision Bureau of the China Banking and Insurance Regulatory Commission, and the Guangdong Supervision Bureau of the China Securities Regulatory Commission, jointly issued the "Special Action Plan for Guangdong Financial Support to Promote Consumption and Expand Domestic Demand". The "Action Plan" specifically deploys six special actions. The first is to carry out the action of improving the quality of consumer financial products and services to benefit the people. The second is to accelerate financial assistance to increase income and promote consumption. The third is to promote the action of increasing the scale of consumer finance. The fourth is to strengthen the support for consumer facilities financial security. The fifth is to promote the optimization and improvement of the consumer finance environment. The sixth is to implement the action of expanding financing channels for the consumer market.