To implement the decisions and deployments of the Party Central Committee and the State Council and guide localities in stimulating the vitality of lower-tier markets in light of local conditions, the Ministry of Commerce, together with the National Development and Reform Commission, the Ministry of Finance, the Ministry of Human Resources and Social Security, the Ministry of Natural Resources, the Ministry of Agriculture and Rural Affairs, the Ministry of Culture and Tourism, the State Administration for Market Regulation, and the Financial Regulatory Authority, jointly issued the 'Opinions on Further Stimulating the Vitality of Lower-Tier Markets and Energizing County-Level Consumption,' systematically deploying key tasks to invigorate lower-tier markets.
The document guides financial institutions to optimize financial services in the consumption sector of lower-tier markets and strengthen financial support for eligible consumer commercial facility projects. It supports qualified wholesale, retail, and service consumption enterprises in issuing bonds and listing for financing. Trading and logistics enterprises that open new chain stores in counties may apply for entrepreneurial guarantee loan policies and receive interest subsidy support.
