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Notice of the People's Government of Shandong Province on Issuing the Third Batch of Policy Checklist for Promoting Stable and Positive Economic Development and Improving Quality during Progress

Lu Zhengfa [2025] No. 10

Municipal governments, relevant departments of provincial governments, and directly affiliated institutions:

The third batch of policy list on promoting stable and positive economic development and improving quality has been approved by the provincial party committee and government. It is now issued to you for implementation based on actual conditions.

Shandong Provincial People's Government

September 1, 2025

(This article has been edited)

Regarding promoting stable and positive economic growth, and improving quality through progress

Third batch policy list

In order to thoroughly implement the series of decisions and deployments of the Central Committee of the Communist Party of China and the State Council on doing a good job in the economic work in the second half of the year, focus on precise measures in key industries and fields, make sufficient efforts to increase, contain and reduce, respond to variables, promote sustained economic recovery and improvement, and better play the role of an economic powerhouse, the following policy measures are formulated:

1. Strengthen support for the stable operation of the service industry. By 2025, an additional 100 million yuan of funds will be allocated at the provincial level. For projects under construction by high growth and newly upgraded backbone service industry enterprises, a maximum subsidy of 2 million yuan will be provided to cultivate high-quality increments. (Leading units: Provincial Development and Reform Commission, Provincial Department of Finance)

2. Accelerate the implementation of 160 million yuan of provincial service industry development guidance funds, support the construction of 120 high-end productive service industry projects and 40 high-quality life service industry projects, cultivate and recognize about 30 leading enterprises in productive service industry and about 20 service industry innovation centers by the end of the year, and complete and put into operation about 370 provincial-level service industry key projects throughout the year. (Leading units: Provincial Development and Reform Commission, Provincial Department of Finance)

3. Make good use of the 40 million yuan provincial service industry development guidance fund to support the accelerated construction of 55 new high-quality projects for upgrading and integrating enterprises; Extend the support policy until 2028, and provide a maximum of 1 million yuan in funding subsidies for each eligible newly added upgraded integrated enterprise project. (Leading units: Provincial Development and Reform Commission, Provincial Department of Finance)

4. We will make good use of the third batch of 5.475 billion yuan of ultra long-term special treasury bond to support the exchange of old for new funds for consumer goods, accelerate the implementation of 966 million yuan of local counterpart funds, guide cities to do a good job in the estimation and distribution of funds, and be practical in the areas of consumption with good results and strong incentives; Evaluate the use of funds in 16 cities, and take the evaluation results as an important basis for the fourth batch of ultra long term special treasury bond support fund arrangement. (Leading units: Provincial Development and Reform Commission, Provincial Department of Finance)

5. Research and formulate policy measures to promote the exchange of old housing for new housing, support each city to implement tailored policies, adopt methods such as subsidized loans for enterprises that purchase old housing, subsidies for residents who purchase new housing, and phased price protection for existing commercial housing to increase the enthusiasm for exchanging and purchasing new housing; Fully carry out business to public, business to group, and cross regional loan repayment services, activate and release the demand for housing for new purchases. For cities that have achieved good results in promoting the healthy development of the real estate market, provincial-level coordinated funds will provide incentive support. (Leading units: Provincial Department of Housing and Urban Rural Development, Provincial Department of Finance, Shandong Branch of the People's Bank of China)

6. Promote the direct access of policy funds. In accordance with the principle of "pay as you please", we will include the approved ultra long term special treasury bond funds, investment within the central budget and capital construction investment within the provincial budget into the "Luhuitong" policy implementation platform, strengthen supervision and supervision, promote direct access to enterprises and projects, and form more substantial pull as soon as possible. (The Provincial Development and Reform Commission and the Provincial Department of Finance are responsible for their respective roles and responsibilities.)

7. Accelerate the issuance and use of local government special bonds, and strive to complete all issuance before the end of October. Make good use of the special bond quota of 2 billion yuan for strong county industries to assist weak counties, guide 10 assisted counties to accelerate bond issuance and use, and support the construction of key projects such as industrial park infrastructure. (The Provincial Development and Reform Commission and the Provincial Department of Finance are responsible for their respective roles and responsibilities.)

8. Select a special fund of 50 million yuan from the provincial budget for basic construction investment, and select a group of major projects with strong support and fast progress in preliminary work to support project demonstration, evaluation and consultation, feasibility study report and implementation plan preparation, procedure handling, etc. For new projects that successfully issue REITs and recover funds, allocate 1 million yuan each to support the preliminary work. (Leading units: Provincial Development and Reform Commission, Provincial Department of Finance)

9. Optimize and adjust the energy consumption and coal consumption substitution policies for the "two highs" industries, and the new energy consumption and coal consumption substitution sources for the "two highs" projects are no longer limited to the "two highs" industries; The energy and coal consumption indicators released by the closure and conversion of coal-fired power projects can be used as a substitute source for other industries' new key project indicators, based on comprehensive calculations by various cities. (Leading units: Provincial Development and Reform Commission, Provincial Energy Bureau)

10. Strengthen the overall planning of provincial-level land use indicators. If there are indeed insufficient new construction land plan indicators for each city before the end of 2025, they can apply for provincial-level borrowing on a case by case basis to promote the implementation of a number of major supporting projects. (Lead unit: Provincial Department of Natural Resources)

11. Provide precise assistance to industrial enterprises facing operational difficulties, implement "one enterprise, one policy" to alleviate difficulties, make good use of crude steel production indicators, guide enterprises to accurately schedule production and improve efficiency; Targeted assistance measures will be formulated for enterprises that have stopped or partially stopped production, coordinating and resolving reasonable demands in terms of raw material supply, financial credit, market development, etc., to promote the resumption and stable production of enterprises. Optimize the service guarantee for enterprise bankruptcy reorganization, explore the establishment of a resource sharing mechanism for enterprise bankruptcy reorganization, and provide comprehensive information services such as investor resources and auxiliary asset disposal for all parties involved in enterprise reorganization. (Leading units: Provincial Development and Reform Commission, Provincial Department of Industry and Information Technology, Provincial Department of Justice)

12. Promote the green transformation of enterprises, raise 20 million yuan of funds at the provincial level, and provide rewards and subsidies for energy-saving and carbon reduction measures through technological transformation, equipment upgrading, and optimized management. Newly listed national level green factories, green supply chain management enterprises, and green industrial parks will be rewarded according to regulations. The highest reward for green factories is 800000 yuan, the highest reward for green supply chain management enterprises is 600000 yuan, and the highest reward for green industrial parks is 1 million yuan. (Leading units: Provincial Department of Industry and Information Technology, Provincial Department of Finance)

13. Strengthen the application of artificial intelligence empowerment, allocate 30 million yuan of funds at the provincial level, carry out the "unveiling and leading" of large-scale models and corpora in vertical industries, select about 30 large-scale model inference or training optimization projects that have passed the level evaluation of third-party professional evaluation institutions, and provide a maximum subsidy of 1 million yuan for each project; Select around 20 high-quality corpora for the development, training, and fine-tuning of industry or scene models, with a maximum reward of 1.5 million yuan per corpus. (Leading units: Provincial Department of Industry and Information Technology, Provincial Department of Finance)

14. Expand the coverage of the interest subsidy policy for technology achievement transformation loans to 16 cities in the province. The upper limit of the loan filing interest rate will be adjusted from the same period's one-year loan market quoted interest rate (LPR) published by the People's Bank of China plus 200 basis points to plus 100 basis points. Filing loan enterprises that repay principal and interest on time can apply for interest subsidy from any eligible loan. The interest subsidy standard is 40% of the actual loan interest paid by the enterprise, and each enterprise can enjoy a maximum interest subsidy of 500000 yuan only once. (Leading units: Provincial Department of Science and Technology, Provincial Department of Finance)

15. Expand the project channels for financial service enterprises, establish a "high-quality enterprise project reserve library" and a "key financing project library", regularly organize industry finance cooperation and docking, guide financial institutions to closely combine enterprise needs, innovate characteristic products, and solve financing problems. Organize the selection of excellent financial innovation products, and reward each of the 10 products with strong innovation and obvious effects with a reward of 500000 yuan from the provincial finance. (The Provincial Department of Industry and Information Technology, the Provincial Department of Finance, and the Shandong Branch of the People's Bank of China are responsible for their respective duties.)

16. Strengthen support for inland waterway transportation and reduce logistics costs. Extend the subsidy policy for the Xiaoqing River route until 2026. For shipping companies that open liner routes from coastal ports (including transit ports Shouguang Port and Yangkou Port) to Xiaoqing River inland ports by 2025, a maximum subsidy of 40000 yuan per voyage will be provided based on the "first come, first served" principle, with a total subsidy of up to 20 million yuan; The total amount of rewards and subsidies will be increased to 30 million yuan in 2026. Optimize the reward and subsidy policy for the construction of navigation vessels in Xiaoqing River, including vessels under 3 years old in the support scope. The specific reward and subsidy standards will still be implemented according to the original regulations, and the policy period will be until June 30, 2026. Support the construction and operation of new energy ships in inland rivers, and provide a maximum subsidy of 1.5 million yuan per ship for the top 50 electric cargo ships with a total tonnage of 1000 or more that are newly built and meet certain operating conditions in our province from 2025 to 2026. (Leading units: Provincial Department of Transportation, Provincial Department of Finance)

If the above policy measures do not have a clear implementation start and end time limit, they shall be implemented from the date of issuance and shall be valid until December 31, 2025. The leading unit shall simultaneously formulate and implement supporting measures. All levels and departments should strengthen their sense of responsibility, coordinate policy interpretation, tracking services, and supervision and evaluation, promote direct access to grassroots and direct benefits to business entities, ensure effective implementation as soon as possible, further boost market confidence, and promote sustained, steady, and high-quality economic development throughout the province.

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