The Ministry of Finance stated that the interest subsidy funds will be borne by the central government and local governments at a rate of 90% and 10% respectively. The sharing ratio of provincial and lower-level governments will be determined indepen

2026-09-29

The Ministry of Finance stated that the interest subsidy funds will be borne by the central government and local governments at a rate of 90% and 10% respectively. The sharing ratio of provincial and lower-level governments will be determined independently by the provincial finance departments based on their actual circumstances.