Ministry of Finance: A package of policies to promote domestic demand through fiscal and financial coordination has benefited 6.22 million enterprises
2026-08-21 11:01:56
According to CoinMeta, Liao Min, the vice minister of the Ministry of Finance, stated that since the introduction of the package of policies aimed at promoting domestic demand through fiscal and financial coordination over six months ago, the implementation has been progressing as expected, and the effectiveness of the policies is gradually becoming apparent. Approximately 113 million individuals and 6.22 million enterprises have received policy support. From January to July this year, through six policy tools such as interest subsidies for loans to small, medium, and micro enterprises, and interest subsidies for equipment renewal loans, a total of over 20 trillion yuan in new credit was provided in related sectors, an increase of over 880 billion yuan compared to the same period last year, representing a growth rate of 4.5%. These policies not only benefit traditional industries but also support emerging sectors such as high-end equipment, artificial intelligence, and green and low-carbon technologies. In addition, policies to promote consumption have supported residents' consumption by about 1.88 trillion yuan, enhancing residents' purchasing power and effectively supporting daily consumption.
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Source:Jin10 Data
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