Xin Hua Cai Jing·2025-08-12 07:44Core Viewpoint - The implementation plan for the service industry loan interest subsidy policy aims to boost consumption and expand domestic demand as directed by the central government [1] Group 1: Policy Overview - The plan specifies the support scope, which includes loans issued to service industry entities in eight consumption sectors: catering and accommodation, health, elderly care, childcare, housekeeping, cultural entertainment, tourism, and sports [2] - Loans must be signed between March 16, 2025, and December 31, 2025, and funds must be used to improve consumption infrastructure and enhance service supply capacity [2] Group 2: Subsidy Standards - The interest subsidy standard is set at 1% per annum for a maximum period of one year, with the central and provincial finances covering 90% and 10% of the subsidy, respectively [3] - Each entity can receive a maximum loan of 1 million yuan, which can be used for fixed asset loans and working capital loans aimed at improving service capabilities [3] Group 3: Participating Banks - The plan identifies 21 national banks as the lending institutions eligible for the interest subsidy, including major banks such as the Agricultural Bank of China, Industrial and Commercial Bank of China, and China Construction Bank [4]