Budgetary Department and Nine Departments Issue "Interest Rate Support Policy for Service Industry Operators" Implementation Plan

　 August 12, Glon.com | The Budgetary Department and nine departments issue the "Interest Rate Support Policy for Service Industry Operators" implementation plan, which supports loans that meet the following conditions: Firstly, the loan is issued by a financial institution (bank) to service industry operators in eight categories of consumer fields, including catering, accommodation, health, elderly care, child care, household services, culture and entertainment, and sports. Secondly, the loan contract was signed between March 16, 2025, and December 31, 2025, with relevant loan funds being disbursed to the operator. Thirdly, the loan funds are used in a manner consistent with improving consumer infrastructure and enhancing service supply capabilities. Specifically: catering and accommodation, child care, household services, culture and entertainment, and sports fields correspond to the "Accommodation and Catering Industry" and "Resident Services, Repair and Other Services Industry" categories under the National Economic Industry Classification; tourism and health fields correspond to the Chinese National Tourism and Related Industries Statistical Classification (2018) and the Health Industry Statistical Classification (2019); elderly care field service industry operators' loans must comply with the People's Bank of China's Elderly Care Industry Loan Statistics Standard. The operator refers to natural persons, legal entities, and non-legal entities that meet the regulations of the "Market Entity Registration Management Regulations" and engage in business activities within mainland China for profit purposes. Non-profit organizations providing elderly care services are also eligible for interest rate support. Fourthly, after the policy expires, it can be extended or expanded based on implementation effects.