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Shandong Unveils 28 Fiscal-Financial Policies to Unlock over 1 Trillion Yuan in Financial Resources

Source：Haibao News 09-23-2026 10:00:00

On September 21, the Information Office of Shandong Provincial People's Government held a policy briefing to explain the Several Measures on Fiscal-Financial Coordination to Boost Domestic Demand. The new package focuses on three major areas — investment and consumption, industrial development and inclusive finance — and rolls out 28 specific measures. It aims to implement the central government's 100-billion-yuan domestic-demand policy agenda while strengthening policy support based on Shandong's own conditions. It is expected to directly benefit 600 billion yuan in financial resources and mobilize more than 1 trillion yuan in financial liquidity overall. Specifically, the measures seek to stabilize market expectations by cutting costs, increasing investment and improving the business environment. They offer tangible benefits including interest subsidies for personal consumer loans and for corporate technological upgrading and equipment renewal. They also target key areas such as industrial transformation, service-sector upgrading, rural revitalization and technological innovation, while improving inclusive-finance guarantee, startup loan and industrial reward-and-subsidy mechanisms. To that end, the province will allocate about 9.6 billion yuan in fiscal funds this year, with multiple departments working together to implement the policies, so as to keep spurring consumption and investment and support high-quality economic development across the province.