On March 16th, the Central Office and the State Office issued the "Action Plan for special projects to boost consumption". The plan proposes to strengthen credit support. Encourage Financial Institution Groups to increase the investment of personal consumption loans under the premise of controllable risks, and reasonably set the amount, term and interest rate of consumer loans. Support Financial Institution Groups to optimize the repayment methods of personal consumption loans in accordance with the principle of market-oriented legalization, and carry out loan renewal work in an orderly manner. In 2025, financial interest subsidies will be given to eligible personal consumption loans and loans of service industry business entities in the consumer sector.