Four departments: Extend the implementation period of the policy of subsidizing loans for service industry operators and include the areas of digital, green, and retail consumption in the support scope.

On January 20th, the Ministry of Finance, Ministry of Commerce, People's Bank of China, and the China Banking and Insurance Regulatory Commission issued a notice on optimizing the implementation of the interest subsidy policy for loans to service industry entities. The notice mentioned expanding support areas. In addition to the 8 categories of consumption areas such as catering accommodation, health, elderly care, childcare, housekeeping, culture and entertainment, tourism, and sports, the policy support range will also include 3 new categories: digital, green, and retail consumption areas. At the same time, the implementation period of the interest subsidy policy for loans to service industry entities has been extended to December 31, 2026. Loans issued between March 16, 2025, and December 31, 2025, will follow the relevant regulations as stipulated in the "Implementation Plan for the Interest Subsidy Policy for Loans to Service Industry Entities" (Financial [2025] No. 81). The policy may be extended after its expiration, depending on the situation. For the full article, you can visit the Ministry of Finance website.