"爸妈觉得这车安全，孩子喜欢全景天窗，我们更看重续航和充电方便。"大年初五，在南京西路太古汇 商场的一家汽车展厅内，李女士一家五口围在一辆新车旁热烈讨论。这样的场景，在今年春节假期并不 鲜见。随着新能源汽车日益融入日常生活，逛商场、走亲戚之余"顺便看个车"，已成为许多家庭的新年 俗。 金融政策再加码 "上海的特斯拉车主春节返乡需求特别集中，节前车辆检测的预约排得满满当当。"特斯拉一线工作人员 党先生在接受采访时表示，针对春运长途出行，品牌春节期间重点加码服务保障。线下为返乡车主提供 车辆检测，聚焦电池、轮胎等核心部件；线上远程服务24小时在线，随时响应出行突发情况。 销售端，特斯拉全面开启"春节不打烊"模式，每家门店每日至少有七成员工值守，试驾、咨询需求均可 满足。"春节不是销售旺季，但每天每家门店均有订单落地，置换客户占比50%、新购40%、老车主增 购10%，且置换群体中'油换电'成绝对主流。"党先生介绍，新推出的"7年低息"与"5年0息"金融方案成 为撬动消费的关键。以热销款Model Y L为例，在超低息方案中，首付4.59万元起，年费率低至0.7%， 月供3661元；Model 3后轮驱动版为236 ...

新春旺季，为满足广州一德路海味市场商户备货需求，建行广州越秀支行提供上门服务 文/图 建行广东省分行 2026年是"十五五"规划开局之年，广东锚定"在推进中国式现代化建设中走在前列"总目标，把提振消 费、扩大内需作为推动高质量发展的重要抓手。建设银行广东省分行（以下简称"建行广东省分行"）立 足国有大行使命担当，紧扣"干当头，实为要"的发展导向，以消费金融专项行动为抓手，打造"CCB粤 焕新"特色品牌，通过政策精准落地、场景深度融合、普惠精准滴灌、平台创新赋能，构建覆盖消费全 链条的综合金融服务体系，让金融活水浸润南粤大地，以金融实干激活消费市场活力，为广东高质量发 展注入强劲内需动能。 政策落地惠民生 金融添暖润烟火 建行广东省分行始终把惠民利民作为金融服务的出发点，快速响应国家及地方财政贴息、以旧换新等提 振消费政策，打通政策落地"最后一公里"，让百姓切实享受到政策红利。 在佛山，市民麦先生年底搬新房恰逢春节置办家具预算紧张，在建行客户经理指导下，仅用5分钟就完 成"快贷"线上申请、审批与签约，家居家装消费系统自动识别场景触发贴息，无需额外申请，真正实 现"贴息无感享，消费更省心"。新婚的李先生装修新房同 ...

数据显示，1月末，广义货币（M2）余额347.19万亿元，同比增速较上月高0.5个百分点，较上年同期高2个百分点，充分体现了适度宽松的 货币政策状态。 新华社北京2月13日电 题：平稳开局！开年首月社会融资规模增量达7.22万亿元 新华社记者吴雨、任军 金融是国民经济的血脉。2月13日中国人民银行发布的数据显示，开年首月，我国社会融资规模增量达7.22万亿元，创历史同期新高，有力 支持了年初经济平稳开局。 2026年首月，金融成绩单亮点突出：1月末，人民币贷款余额同比增长6.1%，社会融资规模存量同比增长8.2%，广义货币（M2）余额同比增 长9%……一条条上扬曲线折射出我国金融供给总量较为充足，积极破解有效需求不足问题，为经济回升向好营造了适宜的货币金融环境。 这背后是适度宽松的货币政策持续发力。一开年，中国人民银行出台了多项支持实体经济的货币金融政策，既有再贷款工具的完善与创新， 也有年内首次结构性"降息"落地，加力支持民营企业、科技创新、绿色低碳等重点领域。 如何进一步激发有效信贷需求？融资成本是企业和居民关注的重点之一。 记者从中国人民银行了解到，1月份企业新发放贷款（本外币）加权平均利率约为3.2% ...

Group 1 - The financial regulatory authorities have conducted interviews with six travel platform companies, including Ctrip, Amap, Tongcheng Travel, Fliggy, Hanglv Zhongheng, and Qunar, regarding issues in their lending business with financial institutions [3] - The authorities have mandated these companies to standardize their marketing practices, prohibiting misleading promotional language, and to clearly disclose the names of lending institutions and credit product information [3] - Companies are required to provide clear reminders to borrowers about rational borrowing, ensure smooth customer complaint channels, and respond promptly to consumer disputes, aiming to enhance service quality and protect consumer rights [3]

Group 1 - The core viewpoint of the articles highlights that the banking credit sector is experiencing a positive start in 2026, with 13 listed banks undergoing 54 institutional surveys, indicating a favorable credit issuance trend compared to the previous year [1] - By the end of 2025, China's GDP is projected to exceed 140 trillion yuan, reflecting a 5% growth from the previous year, supported by various positive economic indicators [1] - The banking sector is focusing on aligning credit supply with the needs of the real economy, emphasizing the importance of precision in credit allocation to enhance efficiency [1] Group 2 - Financial institutions are encouraged to better understand the financing term needs of the real economy, particularly for small and micro enterprises, to alleviate their cash flow pressures [2] - The concept of "bridge loans" is highlighted as a significant challenge for small businesses, necessitating tailored repayment plans from financial institutions to support these enterprises during cash flow gaps [2] - Financial institutions are advised to engage deeply with businesses to analyze their specific funding needs and to negotiate repayment terms when businesses face operational fluctuations [2] Group 3 - The articles stress the importance of directing credit towards innovative and high-quality development, particularly for technology-driven enterprises, which often face challenges in securing financing due to perceived risks [3] - There is a call for innovative credit rating methods that consider soft information such as R&D talent and management capabilities to better assess the creditworthiness of tech companies [3] - Financial institutions are encouraged to build specialized teams or collaborate with research institutions to enhance the quality of credit services for technology innovation [3] Group 4 - The articles emphasize the need to align financial services with consumer demand to stimulate consumption, with retail sales in China projected to exceed 50 trillion yuan in 2025, marking a 3.7% increase from the previous year [4] - As consumer preferences shift towards a balance of goods and services, financial institutions are urged to develop products that cater to both areas and support local government initiatives to promote consumption [4] - The focus on expanding product consumption, developing service consumption, and fostering new consumption patterns is highlighted as key areas for financial institutions to enhance their offerings [4]

Core Viewpoint - The article highlights the significant role of financial support in boosting consumer spending during the Spring Festival, with a focus on the "old-for-new" subsidy program and innovative financial products like "Guo Bu Loan" [1] Supply Side - The "Guo Bu Loan" has been introduced to alleviate the financial pressure on merchants, allowing them to increase inventory levels for the Spring Festival [2] - Easy Information Technology Co., a long-established 3C retailer, has benefited from the "old-for-new" policy, which offers a subsidy of up to 15% on 3C products, but faces challenges with upfront funding [2][3] - The company secured a loan of 3 million yuan through the "Guo Bu Loan" with an annual interest rate of only 1.5% to 2%, which has helped stabilize cash flow and increase inventory [3][4] - As of now, over 800 million yuan in credit has been issued through the "Guo Bu Loan" program, significantly improving merchants' cash flow and operational efficiency [4] Demand Side - The demand side is seeing a surge in consumer spending driven by low-interest and interest-free installment options, which are becoming key financial tools for enhancing mid-to-high-end consumption [5][6] - The Ministry of Commerce and the People's Bank of China have encouraged merchants to offer more low-interest and interest-free installment promotions, extending support for credit card installment payments until the end of 2026 [5][6] - The integration of national subsidy policies into installment payment scenarios has led to over a 20% increase in transaction volumes across various sectors, including apparel and home appliances [6][7] - Platforms like Taobao and JD.com are actively promoting products eligible for national subsidies, resulting in increased consumer engagement and spending [6][7] Financial Innovations - The introduction of AI-driven solutions for invoice management is enhancing consumer engagement by transforming invoices into versatile consumption vouchers, thereby maximizing the impact of government financial support [8] - Financial institutions are leveraging their extensive service networks to ensure that both merchants and consumers benefit from the available financial products, particularly during the peak consumption period of the Spring Festival [8]

鼓励金融机构加大消费领域资源投入 "乐购新春"春节特别活动将于2月15日至23日（春节9天假期）开展。商务部副部长盛秋平2月11日在国 新办新闻发布会上介绍，商务部将指导各地在春节期间增加以旧换新补贴数量，指导50个试点城市开展 有奖发票活动，并在春节期间加大奖金投放力度。各部门、各地区也将充分整合各领域优质消费资源， 推出一批惠民举措。 "各地已经安排20.5亿元资金，在9天假期内，通过发放消费券、补贴、红包等形式，直接惠及广大消费 者。"盛秋平说。 春节假期有奖发票奖金将超10亿元 盛秋平介绍，"乐购新春"春节特别活动为广大消费者准备了三重大礼包： 第一重是以旧换新。年初商务部会同国家发展改革委、财政部，拨出的首批625亿元国补资金已经到达 各地商务部门，在春节9天假期内，将指导各地加大补贴投放力度，充分保障消费者按政策要求申领补 贴。 第二重是有奖发票。近期商务部、财政部、税务总局确定在50个城市开展有奖发票试点，半年实施期内 将发放100亿元奖补资金。其中春节9天假期的奖金规模将超过10亿元。"大家在试点城市购物、就餐、 旅游等取得票面金额在100元以上的发票均可参与抽奖。"盛秋平说。 第三重是金融支 ...

四是强保障。节假日期间金融机构将保障适量网点营业，满足群众基础金融服务需求。同时推进消费场 景支付便利化，注重满足老年人、外籍来华人员等群体支付需求。保险机构将针对购物餐饮、旅游出 行、体育运动等消费场景开发新产品，优化承保理赔服务。 在回应金融机构如何支持"乐购新春"活动及保护消费者权益时，郭武平指出，金融机构是活动的重要参 与者，扩内需促消费是金融服务实体经济的重要内容，也是金融工作政治性、人民性的具体体现。金融 机构将聚焦不同消费方式提供有针对性的服务： 在商品消费领域，要求金融机构加大个人消费贷款投放，合理确定贷款发放比例、期限、利率，积极支 持汽车、家电、家装等耐用消费品以旧换新，进一步发挥车险好投保平台、二手车信息服务平台的功 能，加快推进保险车型综合分级制度建设，有力促进汽车消费。 在服务消费领域，坚持促消费和惠民生有机结合，更好满足养老健康等服务消费需求，鼓励开发兼具养 老风险保障和财富管理功能的商业保险年金产品，支持开发惠及慢病患者、老年人等群体的商业医疗保 险。同时，大力推动商业长期护理保险发展。围绕文旅、体育、娱乐、教育等领域优化金融服务模式， 促进激发改善型服务消费活力。 21世纪经济 ...

www.ccxi.com.cn 其他联络人 结构融资一部 评级总监 杨 威 010-66428877-361 wyang@ccxi.com.cn 中诚信国际 个人消费类贷款证券化 个人消费类贷款 ABS 发行及二级交易有所回升， 但四季度以来消费金融公司发行暂缓；发行利率 持续处于低位；不同机构产品累计违约率有所分 化 ——个人消费类贷款证券化 2025 年度运营报告与 2026 年度展望 要点： 特别评论 2026 年 2 月 | 目录 | | | --- | --- | | 要点 | 1 | | 正文 | 2 | | 结论 | 11 | | 附表 | 12 | 联络人 作者 结构融资一部 刘 昊 010-66428877-681 hliu.terry@ccxi.com.cn 马家瑶 010-66428877-596 jyma@ccxi.com.cn 闫晨溦 010-66428877-475 chwyan@ccxi.com.cn 政策方面，2025 年，居民人均可支配收入保持增长，但个人消费意 愿仍偏弱。国家出台了多项政策降低居民融资成本，提升居民消费 意愿与消费能力，并持续规范消费信贷市场发展； 发行方面 ...

2月11日，国务院新闻办公室举行新闻发布会，介绍2026"乐购新春"春节特别活动、保障春节市场供应有关情 况。 三是惠民生。要求金融机构发挥服务网络和资金技术优势，协助地方政府组织促消费活动，发放消费补贴， 提供增值服务。许多金融机构将与重点商户合作，策划丰富多彩的春节促销活动，推出消费红包、支付满 减、积分抵现等优惠措施，让人民群众添喜气、得实惠，引导金融资源更好服务社会民生。 最后是强保障。加强服务保障，金融机构在节假日期间将保障适量网点开门营业，满足人民群众金融服务需 求。加强支付保障，注重推进消费场景支付便利化，满足老年人、外籍来华人员等群体支付服务需求。加强 风险保障，保险公司将针对购物餐饮、旅游出行、体育运动等各类消费场景开发新的保险产品，优化承保理 赔服务。 下一步，金融监管总局将继续加大金融政策支持，引导金融机构高效服务扩大内需战略，优化消费重点领域 金融服务，持续提升消费金融服务质效。 九派新闻特派记者 武菲菲 代梦颖 北京报道 编辑 王佳箐 吴迪 金融监管总局新闻发言人、政策研究司司长郭武平表示，良好的消费金融环境是繁荣节日市场、激发消费活 力的重要支撑。金融监管总局认真贯彻落实党中央、国 ...