Three departments: Issuance of the "Implementation Plan for the Financial Discount Policy for Personal Consumption Loans" to help unleash the consumption potential of residents.

The Ministry of Finance, the People's Bank of China, and the China Banking and Insurance Regulatory Commission have issued the "Implementation Plan for the Policy of Personal Consumption Loan Subsidies". From September 1, 2025 to August 31, 2026, personal consumption loans issued by financial institutions for individual residents that are actually used for consumption, and for which the lending institutions can identify relevant consumer transaction information through the loan issuance account, can enjoy the subsidy policy as stipulated. The subsidy scope includes individual consumption below 50,000 yuan and key areas such as household cars, elderly care, maternity, education and training, culture and tourism, home decoration, electronic products, health care, etc. For consumption exceeding 50,000 yuan, the subsidy policy is capped at 50,000 yuan. After the policy expires, the policy period may be extended and the support range may be expanded based on the effectiveness of the implementation study.