“双贴息”政策优化在即 贷款经办机构有望扩围

Group 1 - The State Council has implemented a package policy to promote domestic demand through financial and fiscal collaboration, focusing on enhancing consumer spending by optimizing personal consumption loan subsidy policies [1] - The "double subsidy" policy aims to increase the supply of quality services and enhance residents' consumption capacity, with suggestions for expanding the range of financial institutions involved and simplifying approval processes [1][2] - Major state-owned banks have significantly increased their personal consumption loan disbursements, with Industrial and Commercial Bank of China issuing nearly 400 billion yuan in loans and Agricultural Bank of China reporting a 9.4% growth in personal consumption loans [1] Group 2 - The current personal consumption loan subsidy policy includes 18 national commercial banks and several leading consumer finance companies, with expectations for the inclusion of more institutions in future policy adjustments [2] - The "national subsidy + local subsidy" model has proven effective in expanding policy coverage, particularly through local banks serving rural markets [2] - The marginal utility of the subsidy policy is expected to be greater for customers of city commercial banks and rural commercial banks, who are more affected by economic downturns [3] Group 3 - Recommendations for future policy include utilizing digital currency smart contracts for precise subsidy management and establishing differentiated subsidy strategies based on regional development levels and specific consumer needs [4] - The integration of subsidy policies with income support and employment measures is essential for fundamentally improving residents' consumption capabilities [4] - Enhancing data sharing between government departments and banks to streamline loan verification processes and reduce operational costs is a key direction for improving policy execution efficiency [4]