Chongqing: Encouraging financial institutions to increase the lending of personal consumption loans on the premise of manageable risks.

The General Office of the People's Government of Chongqing Municipality issued the "Several Measures to Boost Consumption in Chongqing". The "Measures" mention encouraging financial institutions to increase the amount of personal consumption loans under the premise of controllable risks. For customers with good credit and large consumption needs, the maximum limits for personal consumption loans and personal internet consumption loans can be temporarily increased to 500,000 yuan. Financial institutions are encouraged to offer relief to borrowers with good credit who are temporarily experiencing difficulties through methods such as no repayment extension loans, reasonable agreements on loan repayment periods and frequencies. Utilize policy tools such as refinancing and increase consumer credit support.