Economic Daily: Ensuring that welfare policies benefit the people must ensure compliance and efficiency.

An article in the Economic Daily pointed out that recently, the policies of interest-subsidized loans for personal consumption and interest-subsidized loans for service industry entities have been implemented. These two interest-subsidized policies are working together to benefit the people, promote consumption, and expand domestic demand. How to ensure the legal and efficient use of funds is the focus of attention. Putting "strict" at the forefront of managing funds to ensure legal and efficient use is essential. On one hand, it is necessary to strictly control the flow of funds to ensure that loan funds are used for compliant business activities, to improve service supply capabilities, and to enhance consumer infrastructure. The managing banks should strictly follow the results of relevant departmental audits and inspections to apply for interest-subsidized funds, ensuring that the subsidized funds are legally used for payment to business entities that meet the conditions for interest subsidies. On the other hand, strict accountability is required. If any irregularities related to the use of loan funds, application for interest subsidies, etc., are discovered, relevant parties should promptly recover the loan funds and financial interest subsidies, and hold the responsible business entities and managing banks accountable in accordance with the law and regulations.