China introduces loan interest subsidies to boost consumption

China has rolled out two loan interest subsidy programs to stimulate consumer spending and support service sector businesses, reinforcing efforts to drive economic growth, according to a press conference Wednesday.

August 13, 2025

China's loan interest subsidy policies expected to spur consumption, officials say

​Loan interest subsidy plans for individual consumption and services businesses are expected to bolster consumption, which is a key engine for the Chinese economy, an official of the Ministry of Commerce said on Wednesday.

August 14, 2025