Core Viewpoint - The introduction of two loan interest subsidy policies aims to alleviate financing pressure on service industry entities and stimulate consumer spending, with the central government covering 90% of the subsidy costs [1] Group 1: Policy Details - The annual interest subsidy rate for both personal consumption loans and service industry loans is set at 1 percentage point [1] - The central government will bear 90% of the subsidy funds, providing direct financial relief to service industry operators [1] Group 2: Objectives and Impacts - The policies are designed to lower credit costs for residents and business entities, thereby enhancing the quality of life and boosting consumption [1] - The measures are part of a broader strategy to increase the multiplier effect of public funds and expand the coverage of fiscal and financial policies [1]

Core Viewpoint - The Ministry of Finance is enhancing the collaboration between fiscal and financial policies to amplify the multiplier effect of public funds and expand policy coverage, aiming to reduce credit costs for residents and businesses while boosting consumption and economic circulation [1] Group 1: Policy Implementation - The recently announced personal consumption loan interest subsidy and service industry operating entity loan interest subsidy are specific measures of fiscal and financial collaboration [1] - Both loan subsidy policies have an annual interest subsidy rate of 1 percentage point, with the central government covering 90% of the subsidy funds [1] Group 2: Economic Impact - The objective of these policies is to alleviate the financing pressure on service industry entities and stimulate consumer potential, thereby improving and safeguarding people's livelihoods [1]