The Ministry of Commerce and other departments of China promotes joint documents to promote home consumption to enhance the basic role of consumption in economic development. It is mentioned that financial institutions are encouraged to strengthen credit support for home consumption.

According to the official website of the Ministry of Commerce of China, 13 departments including the Ministry of Commerce jointly issued a notice on promoting several measures on promoting home consumption on Tuesday (July 18) to improve the quality of supply, innovative consumption scenarios, improve consumer conditions,Optimize the four aspects of the consumer environment and propose 11 policy measures.

In terms of policy support, notifying the requirements, encouraging financial institutions to strengthen credit support for home consumption under the premise of compliance and risk controlling in accordance with laws, rationally determine the loan interest rate and repayment period, optimize the approval process, and optimize the approval process.Improve financial services and promote online real -time processing; and encourage financial institutions to strengthen cooperation with home production enterprises, home stores, home improvement companies, etc., and provide financing support for operators and upstream and downstream enterprises in the operator.

At the same time, the notice also proposed that supporting eligible home stores and other commercial outlet projects to issue the real estate investment trust fund (REITs); continue to support the residents of old communities in the urban and townsWaiting for the renovation of self -residential housing, the scope of policy support has expanded to the transformation of elevators such as self -residential housing in my and spouse's parents.

The above measures also emphasize the development trend of greening, intelligent, customized, and integrating home consumption of home consumption, and proposed to support enterprises to accelerate the development of smart home products, carry out reverse customization of home products, promote smart home equipment interconnection and interoperability, Support the aging renovation of the home, support the decoration of the old house and local transformation to improve the quality and level of supply.

According to the People's Daily report, Sheng Qiuping, the deputy minister of China, said at the routine blower of the State Council's policy on Tuesday that due to multiple factors, home appliances, furniture, home improvement and other home consumption performance is relatively weak.In the first half of the year, the retail sales of units above the limit increased by only 1.0%and 3.8%year -on -year, and the retail sales of building materials decreased by 6.7%year -on -year.

Sheng Qiuping pointed out, "Household consumption involves many fields, long upstream and downstream chains, and large scale. Take targeted measures to boost residents' consumption growth and economic recovery."