The Bank of China and the State Administration of Foreign Exchange will accurately implement differentiated housing credit policies due to urban policies, and continue to guide personal housing loan interest rates and down payment ratios.
According to China News Agency, the Bank of China and the State Administration of Foreign Exchange held on Tuesday (August 1) to hold a work conference in the second half of the 2023. The meeting summarized the first half of the year, analyzed the current situation, deployed the next stage of workEssence
For the second half of the year, the meeting proposed six aspects of the key content, covering monetary policy, foreign exchange market, real estate market, financial risks, financial international cooperation and high level of financial industry opening, financial services and management levels.
In terms of real estate, the meeting requested to support the steady and healthy development of the real estate market, implement the "16 Finance Articles", extend the implementation period of the loan support plan of the insurance delivery, maintain the stable and orderly real estate financing, increase the housing housing, increase housing housingFinancial support such as leasing, urban village reconstruction, and affordable housing construction.Further improve the system of financial risk monitoring, assessment and prevention and control, continue to promote the risk disposal of key areas and institutions, strengthen early corrections of risks, enrich the tools and means to prevent and resolve systemic risks, and firmly adhere to the bottom line that does not occur without systemic financial risks.
The meeting requested that due to urban policies, accurately implemented differentiated housing credit policies, and continued to guide personal housing loan interest rates and down payment ratios to better meet the rigidity and improvement of housing demand for residents.
