On August 26, the Bank of Communications issued a notice to further improve the loan interest rate discount work for micro, small and medium-sized enterprises, clarifying the latest loan interest rate discount scope, interest rate discount amount, and execution time for micro, small and medium-sized enterprises. Earlier, the remaining five major state-owned banks, including the Industrial and Commercial Bank, the Agricultural Bank, the Bank of China, China Construction Bank, and the Postbank, had also issued announcements announcing loan interest rate discount policies for micro, small and medium-sized enterprises and service operators. At the same time as the enterprise-side policy is being implemented, China's financial interest rate discount policy for personal consumption loans has gone through many rounds of optimization and expansion, and installment spending on all types of credit cards has been included in the scope of interest rate discount support. Industry insiders believe that joint efforts from enterprises and consumers will help unleash the potential of domestic demand and boost market confidence.

On August 26, the Bank of Communications issued a notice to further improve the loan interest rate discount work for micro, small and medium-sized enterprises, clarifying the latest loan interest rate discount scope, interest rate discount amount, and execution time for micro, small and medium-sized enterprises. Earlier, the remaining five major state-owned banks, including the Industrial and Commercial Bank, the Agricultural Bank, the Bank of China, China Construction Bank, and the Postbank, had also issued announcements announcing loan interest rate discount policies for micro, small and medium-sized enterprises and service operators. At the same time as the enterprise-side policy is being implemented, China's financial interest rate discount policy for personal consumption loans has gone through many rounds of optimization and expansion, and installment spending on all types of credit cards has been included in the scope of interest rate discount support. Industry insiders believe that joint efforts from enterprises and consumers will help unleash the potential of domestic demand and boost market confidence.