# fiscal subsidy
Latest news and articles about fiscal subsidy
Total: 2 articles found
Price War Fades, Financing Mayhem Begins: How China’s Carmakers Are Competing with 7‑Year Loans
China’s auto makers have shifted from price cuts to long‑tenor, low‑interest financing as regulators clamp down on direct price wars and fiscal policy subsidises consumer loans. The tactic reduces monthly payments and attracts young buyers, but it also locks consumers into long contracts on rapidly depreciating electric vehicles and concentrates advantages with well‑capitalised firms.
Beijing Offers 1.5-Point Interest Subsidy to Spur Equipment Upgrades — 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.