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The General Office of the Ministry of Commerce, the General Office of the People's Bank of China, and the General Office of the General Administration of Financial Supervision issued a notice on strengthening commercial and financial collaboration and boosting consumption more vigorously. Among them, it was mentioned that policy coordination should be strengthened. Local commercial authorities are encouraged to make full use of existing funding channels, actively carry out consumer promotion activities, and form joint efforts with financial support to better stimulate consumption potential. Encourage places in a position to do so to use digital yuan smart contract red envelopes to improve the quality and efficiency of implementing consumer promotion policies. Combining actual local exploration and application of various methods such as financing guarantees, loan interest rates, and risk compensation, etc., to strengthen coordination and coordination of fiscal, commercial, and financial policies, and guide increased investment of credit funds into key areas of consumption. Places that are in a position to do so are encouraged to support participation in key consumer projects such as health care, cultural tourism, etc., and new consumption fields such as digital and green through various means. Banks and non-bank financial institutions are encouraged to give full play to their respective characteristics, strengthen complementary advantages, participate collaboratively in consumer promotion activities, and promote the upgrading of consumption quality.

Zhitongcaijing·12/14/2025 07:41:01
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The General Office of the Ministry of Commerce, the General Office of the People's Bank of China, and the General Office of the General Administration of Financial Supervision issued a notice on strengthening commercial and financial collaboration and boosting consumption more vigorously. Among them, it was mentioned that policy coordination should be strengthened. Local commercial authorities are encouraged to make full use of existing funding channels, actively carry out consumer promotion activities, and form joint efforts with financial support to better stimulate consumption potential. Encourage places in a position to do so to use digital yuan smart contract red envelopes to improve the quality and efficiency of implementing consumer promotion policies. Combining actual local exploration and application of various methods such as financing guarantees, loan interest rates, and risk compensation, etc., to strengthen coordination and coordination of fiscal, commercial, and financial policies, and guide increased investment of credit funds into key areas of consumption. Places that are in a position to do so are encouraged to support participation in key consumer projects such as health care, cultural tourism, etc., and new consumption fields such as digital and green through various means. Banks and non-bank financial institutions are encouraged to give full play to their respective characteristics, strengthen complementary advantages, participate collaboratively in consumer promotion activities, and promote the upgrading of consumption quality.