Ministry of Finance: Combining Interest Rate Policies with Consumer Replacement Policies to Form a Combination Punch

August 13th, Liao Min, Deputy Minister of Finance, stated at a press conference held by the National Development and Reform Commission that two interest rate policies are another innovative exploration in support of boosting consumption through collaboration between finance and banking. He emphasized that these policies will continue to summarize experience, perfect procedures in subsequent work. Liao Min expressed expectations that such policies can precisely and efficiently meet people's consumption needs, while also forming a combination punch with the existing consumer replacement subsidies policy, allowing people to enjoy more benefits during the consumption process.