interest subsidy
2.Last year, the state has intensified the efforts on the implementation of enterprise merger and bankruptcy policies and pushed forward a series of important measures such as debt-to-equity swap and the increase of the interest subsidy for technical upgrade. Those measures have not only effectively boosted the economic benefits of the SOEs for a favorable turning in that year and also laid a solid foundation for achieving the objectives of the three-year reform and difficulty relief for SOEs and for the long-term development as well. 
3.Eligible applicants are offered an interest-free loan or a monthly subsidy to acquire their own homes.
4.Eligible White Form households are offered an interest-free loan of up to $410,000, or a monthly subsidy of up to $2,800 for 48 months.
