China's central bank announces enhanced financial support for economy
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China's central bank announces enhanced financial support for economy
BEIJING - The People's Bank of China (PBOC), China's central bank, announced a raft of strengthened support measures on Tuesday, including making adjustments to several monetary policy tools in an effort to promote innovation-driven, high-quality and sound economic development. The new measures inc»»»
China Focus: China to implement mortgage interest subsidies to unlock housing demand
BEIJING, Sept. 29 (Xinhua) -- China will implement interest subsidies for housing loans starting Oct. 1, 2026, as part of efforts to help reduce home-buying costs and better unlock the housing demand of residents. With a tentative implementation period of one year, the fiscal authorities will provi»»»
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