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权威解读丨财政金融齐发力,两项贷款贴息政策激发消费潜能
Xin Hua Wang·2025-08-22 08:29

Core Viewpoint - The implementation of personal consumption loan interest subsidy policies aims to stimulate consumer spending and enhance domestic demand through financial and fiscal collaboration [1][3]. Group 1: Policy Details - The personal consumption loan interest subsidy policy will be effective from September 1, 2025, to August 31, 2026, allowing residents to receive a subsidy of 1% per year on eligible personal consumption loans, with a maximum subsidy not exceeding 50% of the loan contract interest rate [3][5]. - Each borrower can receive a total interest subsidy of up to 3,000 yuan, corresponding to eligible cumulative consumption of 300,000 yuan during the policy execution period [7]. Group 2: Impact on Financial Institutions - Major banks, including Agricultural Bank of China, Bank of China, and China Construction Bank, have committed to implementing the interest subsidy for qualifying personal consumption loans starting September 1, 2025, without charging any service fees [9]. - The policies are expected to lower the cost of consumer credit for residents and reduce financing costs for service industry operators, thereby encouraging sustained production and operations [5][9]. Group 3: Expert Insights - Experts suggest that the synergy between monetary and fiscal policies can be further enhanced, and the interest subsidy policies can be coordinated with existing initiatives like the "national subsidy" for replacing consumer goods and service consumption loans to maximize their effectiveness in boosting consumption [9].