Anhui provincial local financial management bureau and provincial culture and
tourism department jointly issued Several Measures to Support Financial
Development of the Culture and Tourism Industry, a 15-point package to build a
tailored financial services system and promote culture and tourism as a pillar
sector. Measures explicitly back cultural and tourism firms' listings,
refinancing and M&A; encourage equipment renewal via finance leases and offer
interest subsidies for qualifying culture and tourism equipment lease financing;
and support using ABS, REITs and institutional REITs to unlock existing assets.
The package also aims to optimize the financial ecosystem by enhancing tourism
consumer finance services and improving payment infrastructure at cultural and
tourism venues.
