Core Viewpoint - The Ministry of Finance has introduced a personal consumption loan interest subsidy policy aimed at stimulating consumer demand and reducing the cost of personal consumption loans, directly benefiting consumers [3][4][5]. Group 1: Policy Background and Objectives - The policy is part of a broader strategy to boost consumption, expand domestic demand, and enhance the well-being of citizens, aligning with the central government's directives [4][5]. - The initiative is designed to create a positive cycle between economic development and improved living standards by focusing on consumer needs and promoting consumption as a key driver of economic growth [4][5]. Group 2: Key Features of the Policy - This is the first central-level implementation of a personal consumption loan interest subsidy policy, which directly benefits consumers rather than focusing on investment or supply-side support [6]. - The policy covers a wide range of consumer needs, including daily living expenses and significant expenditures in areas such as automobiles, education, and healthcare [7][8]. - The subsidy rate is set at an annualized 1%, approximately one-third of the current commercial bank personal consumption loan rates, making it a significant incentive for consumers [8][9]. Group 3: Implementation and Process - The process for applying for the subsidy is streamlined to minimize the burden on borrowers, with most responsibilities resting on the lending institutions and government departments [10][11]. - Borrowers must authorize lending institutions to access their transaction information to verify eligible consumption expenditures, although this authorization is voluntary [10][12]. - The policy will be in effect for one year, from September 1, 2025, to August 31, 2026, with the possibility of extension based on its effectiveness [9]. Group 4: Oversight and Coordination - The policy emphasizes market-oriented and legal operations, requiring lending institutions to adhere to strict credit management and risk control measures [7][12]. - A comprehensive oversight mechanism is established to ensure that the subsidy funds are used appropriately to support consumer spending, with clear responsibilities assigned to various financial regulatory bodies [12][13].

财政部有关负责人就《个人消费贷款财政贴息政策实施方案》答记者问 为贯彻落实党中央、国务院关于大力提振消费、全方位扩大国内需求的决策部署，充分发挥财政政策引导 带动作用，强化财政金融协同联动，降低居民消费信贷成本，更好激发消费潜力、提升市场活力，财政部 会同中国人民银行、金融监管总局联合印发《个人消费贷款财政贴息政策实施方案》（财金〔2025〕80 号，以下简称《方案》）。近日，财政部有关负责人就《方案》有关情况回答了记者提问。 一、促消费、扩内需是今年经济工作的"关键词"，此次财政部门联合金融部门出台《方案》，背景是什 么？ 答：消费是国民经济增长的关键环节和重要引擎，大力提振消费既是扩大内需、夯实经济增长"压舱石"的 重要举措，也是提升民生福祉、满足人民日益增长的美好生活需要的重要内容。坚持以人民为中心的发展 思想，要求将经济政策的着力点更多转向惠民生、促消费，以消费提振畅通经济循环，以消费升级引领产 业升级，在保障和改善民生中打造新的经济增长点，形成经济发展和民生改善的良性循环。 党中央、国务院高度重视提振消费工作。2024年中央经济工作会议、2025年《政府工作报告》均明确提 出大力提振消费、提高投资效 ...

借款人申请个人消费贷款财政贴息需要哪些操作？ 财政部有关负责人就《个人消费贷款财政贴息政策实施方案》答记者问表示，为最大程度减轻借款人操作负担，个人消费贷款财政贴息资金的测 算、申请、拨付、清算等工作主要集中在贷款经办机构和政府部门，力求流程便利、管理精准、执行高效，在确保贴息资金合规使用的前提下，尽 可能简化借款人操作。 从借款人角度看，总体仍按照一般贷款流程在经办金融机构办理贷款，同时为有效识别符合贴息条件的消费交易信息， 借款人需授权经办金融机构 获取贷款发放账户或指定账户交易信息，用于开展贴息资金审核。 相关交易信息授权遵循自主自愿原则，如借款人不同意授权经办金融机构查询相 关交易信息，相应不享受本贴息政策，不影响借款人正常申请、使用个人消费贷款及自行全额偿还贷款本息。 ...

Group 1 - The Ministry of Finance, the People's Bank of China, and the Financial Regulatory Administration have issued the "Implementation Plan for Fiscal Subsidy Policy on Personal Consumption Loans" [1] - The implementation plan specifies that personal consumption loans meeting certain criteria will be eligible for interest subsidies [2] - Agricultural Bank of China announced that starting from September 1, 2025, it will implement interest subsidies for personal consumption loans that comply with the specified requirements [2]

财政部有关负责人就《个人消费贷款财政贴息政策实施方案》答记者问。为最大程度减轻借款人操作负 担，个人消费贷款财政贴息资金的测算、申请、拨付、清算等工作主要集中在贷款经办机构和政府部 门，力求流程便利、管理精准、执行高效，在确保贴息资金合规使用的前提下，尽可能简化借款人操 作。从借款人角度看，总体仍按照一般贷款流程在经办金融机构办理贷款，同时为有效识别符合贴息条 件的消费交易信息，借款人需授权经办金融机构获取贷款发放账户或指定账户交易信息，用于开展贴息 资金审核。相关交易信息授权遵循自主自愿原则，如借款人不同意授权经办金融机构查询相关交易信 息，相应不享受本贴息政策，不影响借款人正常申请、使用个人消费贷款及自行全额偿还贷款本息。 ...

近日，财政部、中国人民银行、金融监管总局印发《个人消费贷款财政贴息政策实施方案》。 要点如下↓↓ 支持范围 实施方案明确，同时符合以下条件的贷款可享受贴息政策—— 家用汽车领域，包括汽车购置、车辆保险及维修。 养老生育领域，包括老龄人口或其子女购买的家庭适老化改造服务、养老机构和养老社区服务，托育、 辅助生育消费等。 教育培训领域，包括资格证书培训考试、高等学历继续教育等。 文化旅游领域，支持消费者通过具备资质的旅行机构购买国内旅游出行服务。 家居家装领域，包括家庭装修、家用电器、厨卫用品、家具等。 贴息范围包括单笔5万元以下消费，以及单笔5万元及以上的家用汽车、养老生育、教育培训、文 化旅游、家居家装、电子产品、健康医疗等重点领域消费。 对于单笔5万元以上的消费，以5万元消费额度为上限进行贴息。政策到期后，可视实施效果研究 延长政策期限、扩大支持范围。 6家国有大型商业银行，包括中国工商银行股份有限公司、中国农业银行股份有限公司、中国银行 股份有限公司、中国建设银行股份有限公司、交通银行股份有限公司、中国邮政储蓄银行股份有 限公司。 12家全国性股份制商业银行，包括中信银行股份有限公司、中国光大银行股份有限 ...

翻译 搜索 复制 8月12日，财政部官网显示，财政部、中国人民银行、金融监管总局联合发布关于印发《个人消费贷款 财政贴息政策实施方案》的通知。通知显示，2025年9月1日至2026年8月31日期间，居民个人使用贷款 经办机构发放的个人消费贷款（不含信用卡业务）中实际用于消费，且贷款经办机构可通过贷款发放账 户等识别借款人相关消费交易信息的部分，可按规定享受贴息政策。贴息范围包括单笔5万元以下消 费，以及单笔5万元及以上的家用汽车、养老生育、教育培训、文化旅游、家居家装、电子产品、健康 医疗等重点领域消费。对于单笔5万元以上的消费，以5万元消费额度为上限进行贴息。 农业银行在关于个人消费贷款贴息工作的公告中表示，为深入贯彻落实党中央、国务院决策部署，有效 降低居民消费信贷成本，充分激发消费市场潜力，该行积极响应并严格执行《关于印发<个人消费贷款 财政贴息政策实施方案>的通知》（财金〔2025〕80 号）精神及相关要求，依法合规推进个人消费贷款 贴息工作，确保将国家政策红利切实惠及广大金融消费者。该行将按照市场化、法治化原则，自2025年 9月1日起，对符合上述通知要求的个人消费贷款实施贴息。 ...

财政部、中国人民银行、金融监管总局印发《个人消费贷款财政贴息政策实施方案》，明确： ①2025年9月1日至2026年8月31日期间，居民个人使用贷款经办机构发放的个人消费贷款（不含信用卡 业务）中实际用于消费，且贷款经办机构可通过贷款发放账户等识别借款人相关消费交易信息的部分， 可按规定享受贴息政策。 ②贴息范围包括单笔5万元以下消费，以及单笔5万元及以上的家用汽车、养老生育、教育培训、文化旅 游、家居家装、电子产品、健康医疗等重点领域消费。对于单笔5万元以上的消费，以5万元消费额度为 上限进行贴息。 ③年贴息比例为1个百分点（按符合条件的实际用于消费的个人消费贷款本金计算），且最高不超过贷 款合同利率的50%，中央财政、省级财政分别承担贴息资金的90%、10%。贷款合同利率需要符合相应 利率自律约定。政策执行期内，每名借款人在一家贷款经办机构可享受的全部个人消费贷款累计贴息上 限为3000元（对应符合条件的累计消费金额30万元），其中在一家贷款经办机构可享受单笔5万元以下 的个人消费贷款累计贴息上限为1000元（对应符合条件的累计消费金额10万元）。 ④贷款经办机构：一是6家国有大型商业银行，包括中国工商银 ...

三部门印发《个人消费贷款财政贴息政策实施方案》。 8月12日，财政部、中国人民银行、金融监管总局印发《个人消费贷款财政贴息政策实施方案》 （以下简称《方案》），明确2025年9月1日至2026年8月31日期间，居民个人使用贷款经办机构发放的 个人消费贷款（不含信用卡业务）中实际用于消费，且贷款经办机构可通过贷款发放账户等识别借款人 相关消费交易信息的部分，可按规定享受贴息政策。 《方案》明确，贴息范围包括单笔5万元以下消费，以及单笔5万元及以上的家用汽车、养老生育、 教育培训、文化旅游、家居家装、电子产品、健康医疗等重点领域消费（详见附件1）。对于单笔5万元 以上的消费，以5万元消费额度为上限进行贴息。政策到期后，可视实施效果研究延长政策期限、扩大 支持范围。 贴息标准方面，《方案》明确，年贴息比例为1个百分点（按符合条件的实际用于消费的个人消费 贷款本金计算），且最高不超过贷款合同利率的50%，中央财政、省级财政分别承担贴息资金的90%、 10%。贷款合同利率需要符合相应利率自律约定。政策执行期内，每名借款人在一家贷款经办机构可享 受的全部个人消费贷款累计贴息上限为3000元（对应符合条件的累计消费金额30 ...

Report Summary 1. Industry Investment Rating No industry investment rating was provided in the report. 2. Core View On Tuesday, the RB2510 contract fluctuated with a bullish bias. Macroeconomically, the joint statement of the China-US economic and trade talks in Stockholm announced a 90 - day suspension of the 24% tariff starting from August 12, 2025. In terms of supply and demand, the weekly output of rebar increased significantly this period, with a capacity utilization rate of 48.49%. Inventories continued to rise, and the apparent demand turned from a decline to an increase. Overall, the macro - expectation is positive, the production restrictions in Tangshan boosted market sentiment, and the strong rise in coal prices provided cost support. Technically, the 1 - hour MACD indicator of the RB2510 contract shows that DIFF is rising above DEA. The operation strategy is to be bullish in a fluctuating market, while paying attention to rhythm and risk control [2]. 3. Summary by Relevant Catalogs Futures Market - The closing price of the RB main contract was 3,258 yuan/ton, up 8 yuan; the position volume was 1,605,388 lots, down 7,237 lots. The net position of the top 20 in the RB contract was - 75,900 lots, up 4,267 lots. The RB10 - 1 contract spread was - 78 yuan/ton, down 9 yuan. The RB warehouse receipt at the SHFE was 97,654 tons, up 1,197 tons. The HC2510 - RB2510 contract spread was 226 yuan/ton, up 11 yuan [2]. 现货市场 - The price of HRB400E 20MM in Hangzhou (theoretical weight) was 3,420 yuan/ton, up 10 yuan; the price of HRB400E 20MM in Hangzhou (actual weight) was 3,508 yuan/ton, up 10 yuan. The price of HRB400E 20MM in Guangzhou (theoretical weight) was 3,400 yuan/ton, up 20 yuan; the price of HRB400E 20MM in Tianjin (theoretical weight) was 3,360 yuan/ton, up 20 yuan. The basis of the RB main contract was 162 yuan/ton, up 2 yuan. The spot price difference between hot - rolled coils and rebar in Hangzhou was 110 yuan/ton, up 10 yuan [2]. Upstream Situation - The price of 61.5% PB fines at Qingdao Port was 782 yuan/wet ton, up 6 yuan. The price of quasi - first - grade metallurgical coke in Hebei was 1,535 yuan/ton, unchanged. The price of 6 - 8mm scrap steel in Tangshan (tax - excluded) was 2,250 yuan/ton, unchanged. The price of Q235 billets in Hebei was 3,120 yuan/ton, up 20 yuan. The iron ore inventory at 45 ports was 13,712.27 million tons, up 54.37 million tons. The coke inventory of sample coking plants was 44.36 million tons, down 1.92 million tons [2]. Industry Situation - The coke inventory of sample steel mills was 619.30 million tons, down 7.48 million tons. The billet inventory in Tangshan was 115.36 million tons, up 4.34 million tons. The blast furnace operating rate of 247 steel mills was 83.77%, up 0.29%. The blast furnace capacity utilization rate of 247 steel mills was 90.07%, down 0.15%. The rebar output of sample steel mills was 221.18 million tons, up 10.12 million tons. The rebar capacity utilization rate of sample steel mills was 48.49%, up 2.22%. The rebar inventory in sample steel mills was 168.20 million tons, up 6.05 million tons. The social rebar inventory in 35 cities was 388.48 million tons, up 4.34 million tons. The operating rate of independent electric arc furnace steel mills was 71.88%, up 2.09%. The monthly domestic crude steel output was 8,318 million tons, down 336 million tons. The monthly output of Chinese steel bars was 1,688 million tons, up 30 million tons. The monthly net steel export volume was 938.40 million tons, up 17.40 million tons [2]. Downstream Situation - The national real estate climate index was 93.60, down 0.11. The cumulative year - on - year growth rate of fixed - asset investment was 2.80%, down 0.90%. The cumulative year - on - year growth rate of real estate development investment was - 11.20%, down 0.50%. The cumulative year - on - year growth rate of infrastructure construction investment was 4.60%, down 1.00%. The cumulative floor area under construction was 633,321 million square meters, down 8,302 million square meters. The cumulative floor area of newly started buildings was 30,364 million square meters, down 7,181 million square meters. The inventory of commercial housing for sale was 40,821.00 million square meters, up 443.00 million square meters [2]. Industry News - The Ministry of Finance, the People's Bank of China, and the National Financial Regulatory Administration issued the "Implementation Plan for the Fiscal Interest Subsidy Policy for Personal Consumption Loans." From September 1, 2025, to August 31, 2026, residents using personal consumption loans (excluding credit card business) for actual consumption, and the loan - issuing institutions can identify relevant consumption transaction information, can enjoy the interest subsidy policy as stipulated. The Ministry of Finance, the People's Bank of China, and seven other departments issued the "Implementation Plan for the Interest Subsidy Policy for Loans to Service Industry Business Entities." Eligible loans issued by the handling banks to service industry business entities in eight consumption fields, including catering and accommodation, health, elderly care, childcare, housekeeping, cultural and entertainment, tourism, and sports, can enjoy the interest subsidy policy [2].