Core Viewpoint - The People's Bank of China (PBOC) emphasizes the importance of financial support for consumption, aiming to enhance credit allocation in service sectors to stimulate economic growth [1] Group 1: Financial Support for Consumption - The PBOC will collaborate with fiscal departments to ensure effective policy implementation and strengthen policy synergy to support consumption [1] - There will be an increased focus on credit allocation in key service consumption areas such as accommodation, dining, entertainment, education, and elderly care [1] - The goal is to promote the development of related industries and enterprises, thereby expanding high-quality consumption supply [1] Group 2: Optimization of Consumer Financial Products - Financial institutions are encouraged to enhance the integration of online and offline consumption scenarios, providing personalized services and simplifying approval processes [1] - There will be an emphasis on improving the attractiveness of consumer financial products to meet genuine consumer needs [1] - The PBOC aims to enhance pricing capabilities for consumer loans based on customer needs and risk characteristics, ensuring sustainable financial services [1] Group 3: Payment Services Improvement - Continuous efforts will be made to facilitate payment services, focusing on consumption scenarios such as food, housing, transportation, and tourism [1] - The objective is to provide consumers with efficient and convenient payment experiences [1]