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[Ministry of Commerce and other 7 departments: Encourage financial institutions to increase financial support for consumption of automobiles, home appliances and digital products, smart homes, etc. on the premise of legal compliance and controllable risks] On August 31, seven departments including the Ministry of Commerce issued implementation opinions on promoting the expansion and upgrading of commodity consumption. It pointed out that fiscal and financial support should be strengthened. Make good use of policies such as interest discounts on personal consumption loans, interest discounts on loans to service industry operators, and pilot projects for new consumption formats, new models, and new scenarios to give full play to the leveraging role of fiscal funds. Financial institutions are encouraged to increase financial support for consumption of automobiles, home appliances, digital products, smart homes, etc., and develop diversified financial products on the premise of legal compliance and controllable risks. Support financial institutions to deepen cooperation with merchants and platforms to jointly develop financial products and services that adapt to the characteristics of the consumer industry. Improve domestic trade insurance policies and expand underwriting scale and coverage. Grassroots trade unions are encouraged to purchase daily necessities, grain, oil, food, etc. for various condolence activities in accordance with the regulations on the use of trade union funds.
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[Ministry of Commerce and other 7 departments: Accelerate the removal of unreasonable restrictive measures in the field of automobile circulation and consumption and expand automobile consumption throughout the chain] On August 31, seven departments including the Ministry of Commerce issued implementation opinions on promoting the expansion and upgrading of commodity consumption. It pointed out that the pilot reform of automobile circulation and consumption should be further promoted, the elimination of unreasonable restrictive measures in the field of automobile circulation and consumption should be accelerated, the automobile usage management model should be innovated, and automobile consumption should be expanded throughout the chain. Promote relevant regions to optimize car purchase restrictions to better meet residents’ car purchase needs. Cultivate and expand the automobile aftermarket, support the development of automobile modification, repair and maintenance, sports events, and RV camping, and establish a traditional classic car identification and management system. Improve the information sharing mechanism between departments and establish an information exchange system covering the entire life cycle of automobiles, including automobile sales, registration, maintenance, insurance, and scrapping. Improve the second-hand car circulation management system, promote the mutual recognition of unified invoices for second-hand car sales, and implement hierarchical and classified management of second-hand car business entities. Implement three-year actions to promote the high-quality development of small and micro bus rentals and improve the quality and efficiency of rental services. Improve the scrapped motor vehicle recycling system and strengthen the qualification certification management of scrapped recycling and dismantling enterprises. Improve the construction of new energy vehicle energy replenishment infrastructure along highways and transportation hubs, and promote balanced coverage of public charging piles, urban parking lots and other facilities to match supply and demand. Promote the quality improvement and upgrading of highway service areas, carry out work such as the renovation of charging facilities and the aging-friendly renovation of public restrooms, and create a number of high-standard car stations and consumer clusters along transportation lines.
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[The Ministry of Commerce and other seven departments: make good use of policies such as personal consumption loan discounts, service industry business entity loan interest discounts, and pilot projects for new consumption formats, new models, and new scenarios to give full play to the leveraging role of fiscal funds] On August 31, seven departments including the Ministry of Commerce issued implementation opinions on promoting the expansion and upgrading of commodity consumption. It mentions strengthening fiscal and financial support. Make good use of policies such as interest discounts on personal consumption loans, interest discounts on loans to service industry operators, and pilot projects for new consumption formats, new models, and new scenarios to give full play to the leveraging role of fiscal funds. Financial institutions are encouraged to increase financial support for consumption of automobiles, home appliances, digital products, smart homes, etc., and develop diversified financial products on the premise of legal compliance and controllable risks. Support financial institutions to deepen cooperation with merchants and platforms to jointly develop financial products and services that adapt to the characteristics of the consumer industry. Improve domestic trade insurance policies and expand underwriting scale and coverage. Grassroots trade unions are encouraged to purchase daily necessities, grain, oil, food, etc. for various condolence activities in accordance with the regulations on the use of trade union funds.