China on Friday cut the minimum down payment ratios for individuals' commercial housing mortgages and abolished mortgage floor rates nationwide as the country moves to boost the property market.

May17,2024

A total of 214 cities in 29 provinces across China had established real estate financing coordination mechanisms as of Feb. 20, forming part of the country's efforts to promote the sound development of the property market.

February22,2024

Ni Hong, minister of housing and urban-rural development, has urged continued efforts to consolidate the recovery trend of the property market.

July28,2023

China has actively rolled out targeted measures such as relaxing restrictions on purchases or sales, adjusting housing provident fund policies, and lowering mortgage interest rates to better cater to the residential buying market, and boost the development of the property market.

May30,2022

Financial institutions should cooperate with related authorities to maintain the steady and healthy development of China's property market, said a Wednesday meeting.

September30,2021