Interest Rate

Beijing is launching a program offering interest subsidies on individual consumer loans from September 2025 to August 2026. The subsidies, capped at ¥50,000 per transaction, target purchases in sectors like automobiles, elder care, education, tourism, home improvement, electronics, and healthcare. Borrowers can receive an annual 1% interest subsidy, up to 50% of the loan’s interest rate. Individuals are eligible for a cumulative subsidy of ¥3,000 per lending institution. The initiative aims to boost domestic consumption, sparking debate about consumer financing choices.

Jayden Resources Inc. (JDN) secured a $250,000 loan to support operations, with repayment due in one year or upon a private placement. The loan has a 10% annual interest rate and is subject to TSX Venture Exchange approval, earmarked for working capital. The announcement includes forward-looking statements and cautions about potential risks.