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Interest subsidies show China's commitment to boosting consumption: China's finance ministry

01:12

China on Tuesday unveiled interest subsidy policies for personal consumption loans and loans to service-sector businesses, aiming to stimulate more financial resources to flow into consumer markets, unlock consumption potential and enhance market vitality. Vice Finance Minister Liao Min stressed that the measures – being implemented at the central government level for the first time – reflect China's commitment to boosting domestic consumption.

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