China to outline subsidized loan policies for consumers and service sector on August 13 ...Middle East

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China to outline subsidized loan policies for consumers and service sector on August 13

China’s government will hold a press conference at 10 a.m. local time on August 13 to detail new subsidized loan policies aimed at boosting personal consumption and supporting service-sector businesses.

The measures are expected to form part of Beijing’s broader efforts to stimulate domestic demand and shore up growth amid a slowing economy and ongoing trade headwinds.

    Officials are likely to outline eligibility criteria, lending terms, and the scope of sectors covered, with analysts watching for indications of whether the programme will target specific industries such as tourism, hospitality, and retail, or offer broader consumer credit support.

    Markets will also be looking for signals on the scale of fiscal backing and how the initiative fits into China’s wider pro-growth policy framework for the remainder of 2025.

    This article was written by Eamonn Sheridan at investinglive.com.

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