The central bank will let go before the holiday! After a lapse of 7 years, the interest rate of the first set of provident fund loans is lowered, and the existing loans are expected to be adjusted accordingly


2022-10-01: [Chinese Article Link] After yesterday’s phased liberalization of the first mortgage policy, the Central Bank issued a “big move” to stabilize the market on the eve of the Fourth of July. On the evening of 30 September, the Central Bank website published news that, with effect from 1 October 2022, the interest rate on the


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.




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The central bank will let go before the holiday! After a lapse of 7 years, the interest rate of the first set of provident fund loans is lowered, and the existing loans are expected to be adjusted accordingly


2022-10-01: [Article Link] After yesterday’s phased liberalization of the first mortgage policy, the Central Bank issued a “big move” to stabilize the market on the eve of the Fourth of July. On the evening of 30 September, the Central Bank website published news that, with effect from 1 October 2022, the interest rate on the

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.

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