The Guangdong Provincial Development and Reform Commission issued a notice on the “Guangdong Province's Implementation Plan for Expanding Consumption”, which mentions strengthening fiscal and financial coordination. Reasonably increase the share of public service expenditure in fiscal expenditure, continue to increase investment in people's livelihood, make good use of various inclusive consumption tools, and promote direct subsidies to consumers. Funds such as central budget investments and ultra-long-term special treasury bonds are used in an integrated manner to support consumer infrastructure construction and consumer goods trade-in. Coordinate the use of the central government's international consumption environment pilot funds and pilot funds for new consumption formats, new models, and new scenarios to continuously optimize the consumption environment, expand service consumption, and enhance consumption intentions. Support commercial banks to make good use of structural monetary policy tools such as service consumption and pension reloans, agricultural support small reloans, and rediscounts, and increase credit support in the field of service consumption and pension. Encourage financial institutions to enrich the supply of consumer finance products and tailor financial products and services for new types of consumption, such as consumption of artificial intelligence products. Make full use of special funds for fiscal and financial collaboration to promote domestic demand, and implement policies such as interest rate discounts for personal consumption loans and loans for service industry operators, interest rates on guaranteed loans for entrepreneurship, and interest rate discounts for micro, small and medium-sized enterprises. Insurance institutions are encouraged to provide insurance products tailored to the consumption scenarios of products such as automobiles, home appliances, and home furnishings. Promote the application of the “digital renminbi+consumption” scenario.

The Guangdong Provincial Development and Reform Commission issued a notice on the “Guangdong Province's Implementation Plan for Expanding Consumption”, which mentions strengthening fiscal and financial coordination. Reasonably increase the share of public service expenditure in fiscal expenditure, continue to increase investment in people's livelihood, make good use of various inclusive consumption tools, and promote direct subsidies to consumers. Funds such as central budget investments and ultra-long-term special treasury bonds are used in an integrated manner to support consumer infrastructure construction and consumer goods trade-in. Coordinate the use of the central government's international consumption environment pilot funds and pilot funds for new consumption formats, new models, and new scenarios to continuously optimize the consumption environment, expand service consumption, and enhance consumption intentions. Support commercial banks to make good use of structural monetary policy tools such as service consumption and pension reloans, agricultural support small reloans, and rediscounts, and increase credit support in the field of service consumption and pension. Encourage financial institutions to enrich the supply of consumer finance products and tailor financial products and services for new types of consumption, such as consumption of artificial intelligence products. Make full use of special funds for fiscal and financial collaboration to promote domestic demand, and implement policies such as interest rate discounts for personal consumption loans and loans for service industry operators, interest rates on guaranteed loans for entrepreneurship, and interest rate discounts for micro, small and medium-sized enterprises. Insurance institutions are encouraged to provide insurance products tailored to the consumption scenarios of products such as automobiles, home appliances, and home furnishings. Promote the application of the “digital renminbi+consumption” scenario.