Guizhou province issued an implementation plan to support a shift from selling liquor to selling lifestyle, directing lenders and payment providers to optimise basic financial services for baijiu consumption. The plan targets key scenes — "i Moutai", liquor expos and sauce‑aroma festivals — and calls for continued promotion of payment convenience. It also instructs exploration and refinement of pledge‑backed financing for base liquor, urges financial institutions to strengthen valuation capabili

2026-10-12

Guizhou province issued an implementation plan to support a shift from selling liquor to selling lifestyle, directing lenders and payment providers to optimise basic financial services for baijiu consumption. The plan targets key scenes — "i Moutai", liquor expos and sauce‑aroma festivals — and calls for continued promotion of payment convenience. It also instructs exploration and refinement of pledge‑backed financing for base liquor, urges financial institutions to strengthen valuation capabilities for base‑liquor assets, and to appropriately increase revaluation frequency for volatile collaterals such as base liquor.