Lates News

On August 4th, China Agricultural Bank announced on their official WeChat account that they will implement policies to provide interest subsidies for personal consumption loans and loans for service industry operators, in order to stimulate consumption potential and enhance market vitality from both the demand and supply sides. The Agricultural Bank promptly released an article titled "Accurately Implementing State Council's Interest Subsidy Policy to Support Consumer Upgrading and Service Industry Renewal" on their retail banking public account. In the next stage, they will actively prepare for the implementation of policy measures to ensure that the interest subsidy policy is accurately and efficiently transmitted to thousands of enterprises and households, helping to reduce the cost of resident consumption credit and financing costs for service industry operators. They will continue to contribute to stabilizing growth, expanding domestic demand, promoting consumption, and benefiting the people.