Issuance of the Implementation Plan for Financial Subsidies for Personal Consumption Loans: Six state-owned major banks, twelve commercial banks, and five other institutions are included as loan processing institutions.

The Ministry of Finance, the People's Bank of China, and the China Banking and Insurance Regulatory Commission issued the "Implementation Plan for Personal Consumer Loan Financial Interest Subsidy Policy". The loan processing institutions include: first, 6 large state-owned commercial banks, including Industrial and Commercial Bank of China Limited, Agricultural Bank of China Limited, Bank of China Limited, China Construction Bank Limited, Bank of Communications Limited, and Postal Savings Bank of China Limited. Second, 12 nationwide joint-stock commercial banks, including China CITIC Bank Corporation Limited, China Everbright Bank Corporation Limited, Huaxia Bank Corporation Limited, China Minsheng Bank Corporation Limited, China Merchants Bank Corporation Limited, Industrial Bank Co., Ltd., Guangdong Development Bank Co., Ltd., Ping An Bank Co., Ltd., Shanghai Pudong Development Bank Co., Ltd., Hengfeng Bank Co., Ltd., Zhejiang Commercial Bank Co., Ltd., and Bohai Bank Co., Ltd. Third, 5 other institutions that issue personal consumer loans, including Shenzhen Qianhai WeBank Co., Ltd., Chongqing Ant Financial Consumer Finance Co., Ltd., Zhaolian Consumer Finance Co., Ltd., Xingye Consumer Finance Co., Ltd., and China Bank Consumer Finance Co., Ltd. Local finance departments are encouraged to provide financial interest support to financial institutions that operate other personal consumer loan businesses according to their actual circumstances, in order to expand the policy coverage.