Ministry of Finance: Optimize and implement equipment update loan financial subsidy policy.

The Ministry of Finance issued a notice on optimizing the implementation of the equipment update loan interest subsidy policy. For operating entities implementing equipment update actions and banks granting loans to them, the central finance will subsidize 1.5 percentage points of the principal of fixed asset loans related to the operating entity's equipment update project, starting from the date of issuance of the relevant fixed asset loan, with a maximum subsidy period not exceeding 2 years. The re-lending policy support for technology innovation and technological transformation, as well as technology innovation loans newly issued by banks starting from 2026, will be included in the scope of central finance interest subsidy support. The policy will be implemented until December 31, 2026, and the implementation period may be extended based on the situation.