People's Bank of China: Implementing Personal Consumption Loan Interest Subsidy in Accordance with Law
Opinion Net News: August 13, People's Bank of China released an announcement, announcing that starting from September 1, 2025, it will implement interest subsidies for personal consumption loans that meet the requirements of the "Implementation Plan for Personal Consumption Loan Interest Subsidy Policy".
People's Bank of China stated that it would strictly follow market-oriented and law-based principles to advance its interest subsidy work. The announcement emphasized that during the process of implementing interest subsidies, the bank will not charge any fees to customers, ensuring that policy benefits directly reach consumers.
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