There are policy subsidies for bank consumption in China. Bank of China means Bank of China. In 2020, affected by the epidemic, local governments successively issued "consumption subsidy" policies to promote economic recovery. In order to further invigorate the consumption power, Bank of China and China UnionPay launched a series of activities with the theme of Bank of China UnionPay credit card, contributing to the national economic recovery. "Consumption subsidy" has two forms: cash subsidy and in-kind subsidy, which is a kind of government transfer, so BOC consumption has policy subsidies.