Zhong Guo Xin Wen Wang·2026-01-22 13:23Core Viewpoint - Major Chinese banks have collectively announced the optimization of personal consumption loan fiscal subsidy policies, extending the implementation period and expanding the support scope for consumers [1][2]. Group 1: Policy Extensions - The implementation period for the personal consumption loan fiscal subsidy policy has been extended to December 31, 2026 [2]. - Loans signed under the previous fiscal subsidy service agreement will automatically apply the latest subsidy policy for consumption occurring after January 1, 2026, without the need for re-signing agreements [1]. Group 2: Expanded Support - The support scope has been expanded to include credit card bill installment services [2]. - Restrictions on single transactions of 50,000 yuan and above have been removed, allowing for broader access to subsidies [2]. Group 3: Enhanced Subsidy Standards - The subsidy standard has been improved by removing the cap of 500 yuan on single transaction subsidies [2]. - The previous limit of 1,000 yuan on cumulative subsidies for each borrower at a single institution for transactions below 50,000 yuan has also been eliminated [2].