Ministry of Finance: The personal consumption loan fiscal subsidy policy introduced this time directly benefits individual consumers, reducing the cost of personal consumption loans.

Officials from the Ministry of Finance answered questions from reporters on the "Implementation Plan for Fiscal Interest Subsidy Policies for Personal Consumption Loans". Unlike previous interest subsidy policies that focus on the investment side and the supply side, this personal consumption loan fiscal interest subsidy policy targets the demand side, directly benefiting individual consumers by reducing the cost of personal consumption loans. The subsidy funds are deducted directly by the relevant loan processing institutions when collecting loan interest from borrowers, enhancing consumer happiness and satisfaction. In terms of support objects, relying on differentiated customer bases such as commercial banks and consumer finance companies, the policy widely covers various groups such as wage earners and flexible workers, enhancing the inclusiveness of the policy.