
Beijing Offers 1.5-Point Interest Subsidy to Spur Equipment Upgrades â A Boost for Industry and SMEs
China has launched a central fiscal interest subsidy of 1.5 percentage points on fixed-asset loans for equipment upgrades, payable from loan disbursement and capped at two years. The scheme expands supported sectors, appoints 26 banks as implementers, simplifies payment procedures through pre-allocation and settlement, and runs through at least the end of 2026.


















