The Ministry of Finance issued a notice on optimizing the implementation of the fiscal interest subsidy policy for equipment renewal loans. For business entities implementing equipment renewal projects and banks providing loans, the central government will subsidize the principal interest of the relevant fixed asset loans for these projects by 1.5 percentage points. The subsidy will be provided from the date of loan disbursement and will last for a period not exceeding two years. Loans related to technological innovation and technological upgrading, newly issued by banks starting in 2026 and supported by the relending policy for such projects, will be included in the scope of central government interest subsidies. The policy will be implemented until December 31, 2026, and may be extended as appropriate.
