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  • China will study new policies to support economy: official

    China will study new policies in a timely manner to promote steady growth, structural improvement and sustained development of the economy, an official with the country's top economic planner said Tuesday.

    October08,2024


  • China's major national commercial banks announce plans for mortgage rate adjustment

    China's six major national commercial banks have announced plans to adjust mortgage rates for existing home loans in line with the central bank's policies to stabilize the property market.

    September30,2024


  • China to cut mortgage rates for existing home loans

    China will lower mortgage rates on existing home loans to a level similar to those of newly issued housing loans, Pan Gongsheng, governor of the People's Bank of China, said on Tuesday.

    September24,2024


  • China allows cities to set lower limit on first-home mortgage rates

    China will put in place a dynamic mechanism for first-home mortgage rates, allowing cities to adjust the lower limit for the rate based on the trend of their property prices, the country's financial authorities said Thursday.

    January06,2023


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