Sichuan issues 22 policy measures to consolidate and expand the steady and positive momentum of the economy

The General Office of the Sichuan Provincial Government has recently issued the “Several Policy Measures on Consolidating and Expanding the Positive Momentum of Economic Stability and Growth.” It has introduced 22 policy measures in four areas: strongly supporting consumption to boost demand, helping enterprises reduce costs and ease burdens, advancing the rapid growth of enterprises, and promoting the transformation and upgrading of industries, in order to further consolidate and expand the province’s positive momentum of economic stability and growth. Among them, it proposes implementing incentives for the operation of new consumption scenarios. During the period from April 1, 2026 to September 30, 2026, for consumption promotion activities featuring “Consumption+” multi-sector integration, where operating revenue increases by more than 5% year-on-year and annual operating revenue exceeds 20 million yuan, eligible “Shu Li An Yi” new consumption scenario operation entities will receive a subsidy from the provincial-level financial authorities equal to 50% of their actual investment in the consumption promotion activities, with a maximum of 1 million yuan per enterprise. It also encourages cities (prefectures) to cultivate consumption scenarios and optimize the consumption environment in fields such as the nighttime economy, the first-launch economy, the silver economy, the youth economy, and competition and event economy. (People’s Financial News)